- New lease, direct from the Freehold Owner.
- 28 ensuite letting rooms - 26 at ground level plus 2 on an upper level, with an allocated car park per room and a guest laundry.
- The Freehold owners have been through the property in detail from October 2023 and have completed a number of upgrades from painting the units, replaced bed heads, replaced side tables, replaced and checked A/C Units, replaced a number of televisions with smart televisions and installed a number of microwaves.
- Reception with adjoining restaurant / bar and a commercial kitchen; three bedroom manager's residence above the reception / restaurant.
- Porte-cochere adjoining reception, inground pool and an illuminated pylon sign.
- Fully licensed with a separate bar adjoining reception and feature timber doors opening onto an external patio.
- Seating for 50 people.
- Commercial appliances, stainless steel benching and shelves, commercial dishwasher, cool room and freezer, dry storage and epoxy resin floors.
- Strong trading history.
- Recipient of TripAdvisor Travelers Choice and Certificate of Excellence.
- 3km from the Mackay Airport and Mackay City Centre, the motel is within walking distance to 24 hour IGA supermarket, shops and post office, medical centre and Shamrock Hotel.
- Stroll to the Mackay town centre in just 30 minutes.
- Because of the upgrade that commenced in October 2023, a number of rooms were out of action and used by family and workers whilst the works were completed. That removed the ability for guests and the expected Net for 2023-2024 is in the $370K range after rental, but going forward for the 2024 Cal year, it is expected to be closer or in vicinity of $500K.
- Currently 7 staff are at the property and all wish to remain, the current owners are often away and the team are able to manage and operate whilst the owners are away.
- Asking price is plus Stock at Cost.
Net Profit: $408,721 for 2021/22
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2783ML (quote when enquiring)
Property Code: 4881
