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Motel In Rockhampton Lease For Sale

Rockhampton, Queensland
Asking Price:
$160,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$100K - $250K (AUD)

The Details:
Sale price: $160 000.00 ONO stock and Reimbursements
Occupancy: 67.5%
Net Profit over : $100,000 Per Year
The lease: There is 3 years 5 year option on the lease. With the Owner willing to extend or negotiate a new lease.
The motel currently holds contracts with the Singapore Army and Air Force

The Motel:

Located on the main Highway and only a short distance from the train station, CBD, Fast food outlets, the Zoo and Botanical Gardens.
24hour cheek-in, Individual parking for each room residence parking, 3 bedroom 2 bathroom residence, Linen room, storage room of the office, laundry, and cleaning/ storage room, fenced private out door area with shed, Fully fenced Salt water pool.

The motel currently holds a 3 star rating, food licence, relevant pool safety certificates and is fully Fire safety compliant.
The Rooms: Majority of the 15 rooms have been refurbished with new kitchens, bathrooms, flooring and mattress. All rooms have been freshly painted to brighten and offer a new look. Currently 8 of the 15 rooms are pet friendly with all of the pet rooms featuring no carpet. 9 rooms contain kitchenettes, All Rooms contains a TV, Fridge, Microwave, cutlery and crockery, private bathroom and toilet. There is the potential to reconfigure some rooms.
7 rooms are set up to accommodate 3 people containing a queen or double bed and a single or king single, 2 rooms are Queen rooms containing a queen bed, 3 rooms are set up as family rooms. Each room type has at least 1 pet friendly room available.

The Pool/Area: The below ground pool is salt water, with a large shade sail above it. There is a large table located in the BBQ area with an umbrella, BBQ, cooking utensils and seating. The area contains Sun lounges and a storage area for pool toys.
Listings: The Motel is listed on Booking.com, Expedia and agoda along with all there partner sites. Booking.com contains all the most recant photos.

Please contact for more information on this page.

Property information

Real Estate:

Lease

Lease Terms:

The lease: There is 3 years 5 year option on the lease. With the Owner willing to extend or negotiate a new lease.

Leasehold Rent:

$99,198 (AUD) per annum

Living Accommodation:

Residence parking, 3 bedroom 2 bathroom residence, storage room of the office, laundry, and cleaning/ storage room, fenced private out door area with shed,

Location:

Located on the main Highway and only a short distance from the train station, CBD, Fast food outlets, the Zoo and Botanical Gardens.

Business Operation

Reasons for selling:

Need to relocate closer to a major city for medical reasons

Trading hours:

24 Hours

Employees:
Family run
Years established:
20

Other Information

Support & training:

We can offer a training period to the new operators

Inventory / Stock value:
$20,000 (AUD)

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