Biloela

Freehold $3,850,000

2334MF - Consistent Performing Freehold Motel

  • 40 room motel – 28 motel units and 12 cabins
  • Large land area 9,541 sqm’s
  • Strong business
  • Strong motel town
  • Consistent repeat trade
  • Currently run under management
  • Freehold opportunity in good motel town
  • Licensed restaurant
  • Excellent returns

This Freehold motel isideally situated on the Burnett Highway on the southern approach to town, has 28 motel units and 12 self-contained cabins (40 in total) and is set on 9,541 sqm’s of land.

Genuine opportunity to own a consistently high performing Freehold motel in a strong motel town. There is a fully licensed restaurant with private bar area to service all guests that is located separate from the office and residence.

Facilities include an inground pool, barbeque area, storage shed, three-bedroom owner’s residence, large vehicle parking area, Foxtel and free Wi-Fi.

The trade in this corporate motel has been consistently strong with continuing solid forward bookings.

Currently operated under management this opportunity would suit; owner operators, investors or institutional buyers.

Biloela, the 'capital' of the Banana Shire, situated West of Gladstone and South of Rockhampton, is a busy commercial and tourist hub, though it still retains that relaxed, country feeling. The region boasts diverse industry and blossoms with potential. Industries in the region include several significant coal mines, two power stations, beef processing works, a large piggery, and extensive grazing and farming enterprises.

Net profit $601,622 for 2018/19

Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2334MF (quote when enquiring)

Property Type business

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Mark Tuck

0477 013 006
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