, Gladstone QLD

For Sale

Accommodation/Tourism

$120,000 Negotiable

Motel business for sale in the heart of the city of Gladstone. Long lease with landlord offering a new 45 year lease for new owner. Work from home business, laid back lifestyle and minimal hours required for operations.

Comfortable living accommodation with new bed linen
13Kw Solar panels pv system which will reduce electticity bill by 5k
Central location, walking distance to the CBD
Unique boutique type accomodation building
Major regional town with alot of economic activity
11 units with various configurations
Self rated Motel 3 ½ star rating
Managers residence has three bedrooms with balcony, lounge and commercial kitchen
Undercover carport parking for all units
Pool, Wifi and BBQ area
Option to get new 45 year lease no money down
Would suit husband and wife couple
Can be operated by one person if needed, very few hours required for daily operations
No restaurant

As of October 2018, the business now has a 13kw solar pv system installed on the roof which will cut the electricity bill in half and add to the bottom line.

Established profitable business with many regular clients who range from contractors, travellers and families. High turnover and occupancy rates average about 70%.

Net profit: $62,873

Central location just over 2kms to the coast and 4km to Gladstone Airport. The business is on one of the major road thoroughfares with great exposure. Gladstone is a popular tourist town with lots of activities, parks, boating tours and fishing spots. Gladstone is also in the heart of the Southern Great Barrier Reef.

Phone enquiries - please quote property ID 19577

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