3 Penghana Rd Queenstown TAS 7467
$1,500,000 Negotiable

$1,500,000 Negotiable
SUMMARY
55 Room Tasmanian Motel 50% ROI Long Lease $1,500,000 +Sav
PROPERTY DETAILS
Price
$1,500,000 Negotiable
Listing Type
Businesses For Sale
Property Type
Unspecified
DESCRIPTION
Consistent performer, 2023 turnover $1,662,237, showing a net profit to a working couple of $642,706.

Enjoying corporate trade, visitors patronage including coach companies.

Rent is only 9% of turnover, long lease of approximately 28 years.

Current operator has under taken a large amount of renovations and upgrades, new tiling, bathroom upgrades, carpets, curtains, etc etc.

Receptionist, chefs, kitchen hands and house maids in place, for a motel with a licensed restaurant.

Incredible return on investment, it can be run under management.

Only $6000 spent on advertising in 23 F/y so there is plenty of upside still available.

Revamped managers quarters, conveniently located close to reception, guest and motel laundry, well equipped commercial kitchen, plenty of parking in front of units.

This outstanding opportunity is hard to find, this has a long lease, low rent, great turnover, brilliant net profit and potential to be a consistent earner for years to come.

Queenstown recently won Australian small tourist town 2023 .

https://tasmaniantimes.com/2023/09/queenstown-wins-top-small-town-in-national-awards/amp/

Phone Business Broker Praveen Pant on Reveal Phone. Visit Website or Paul Scott on Reveal Phone Send Message.au.

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Please Note: All figures quoted are approximate.

Property Code: 1096
INFORMATION
New or Established
Established
MORE INFORMATION
MORE FROM THIS SELLER See all ads from seller
17 Grafton St Queenstown TAS 7467 20

17 Grafton St Queenstown TAS 7467

$750,000
Queenstown Cabin & Tourist Park, Great Income & Home $750,000 WIWO
Contact Agent
2 weeks ago
Queenstown , TAS
14 Torquay Road East Devonport TAS 7310 8

14 Torquay Road East Devonport TAS 7310

Profitable Devonport Bakery Cafe with Wholesale and Retail, T/O approx $822,000++
$149,000 + sav
More than 1 month ago
East Devonport , TAS
New
2 Waterloo Rd Swansea TAS 7190 28

2 Waterloo Rd Swansea TAS 7190

OFFERS OVER $1.195 MILLION
Sea Change Schouten House Swansea Heritage Elegance Character Building 7BR Ensuite, Multiple Living
Contact Agent
More than 1 month ago
Swansea , TAS
YOU MAY ALSO LIKE
Beauty Point TAS 7270 5

Beauty Point TAS 7270

Owner Occupier Or Investment Ideal Main Road Frontage Freehold Shop Blank Canvas
$175,000+GST IF APPLICABLE
1 week ago
Beauty Point , TAS
New
42 Rooke St Devonport TAS 7310 8

42 Rooke St Devonport TAS 7310

Long Established Fully Licensed Libby's Cafe In Hub Arcade T/O $7,300+ per week
OFFERS OVER $82,000+SAV
1 week ago
Devonport , TAS
New
Beaconsfield TAS 7270 13

Beaconsfield TAS 7270

Prime Prominent Passive Character Dual Investment Property @ Beaconsfield
$540,000
1 week ago
Beaconsfield , TAS
New
Latrobe TAS 7307 9

Latrobe TAS 7307

Excellent Renovated Profitable Gift Shop In Latrobe Tasmania
OFFERS OVER $88,000 WIWO
2 weeks ago
Latrobe , TAS
New
Queenstown TAS 7467 20

Queenstown TAS 7467

Queenstown Cabin & Tourist Park, Great Income & Home $750,000 WIWO
$750,000
2 weeks ago
Queenstown , TAS
New
George Town TAS 7253 11

George Town TAS 7253

Wholesale Retail Butchery in One Butcher Town T/O $1 million No Competition
OFFERS OVER $149,000+SAV
More than 2 weeks ago
George Town , TAS
New
232-236 West Tamar Rd Riverside TAS 7250 8

232-236 West Tamar Rd Riverside TAS 7250

Netting $60K Profit Thriving, Profitable Florist and Gift Hamper Business
O/O $49,000+SAV
More than 2 weeks ago
Riverside , TAS
New
George Town TAS 7253 15

George Town TAS 7253

Leasehold Waterfront Motel Brand New Setup 5 Rooms Fully Licensed Restaurant and Gym
$300,000 ONO
More than 1 month ago
George Town , TAS
New
SPONSORED LINKS
tp-csa
tp-csa
tp-csa
SHARE
THIS AD
Contact Seller
 
 
Subscribe and receive the latest Tradingpost news!
* By subscribing I agree to the Privacy Policy of Tradingpost

or select a state:

Loading...