Profitable, Freehold Motel Tropical Gardens Bundaberg - Ref ID: 3070

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City

Bundaberg

Tenure

Freehold 6,569 sqm.

Asking Price

$3.64M +SAV

Description

This amazing investment opportunity provides a 23 suit freehold motel situated on the main arterial road into Bundaberg. It is only 5 mins from the CBD and 1 min from the airport. Therefore, this motel is the logical stopover for all visitors to the area. Furthermore, the motel is located in close proximity to the new Bundaberg Showgrounds where many large events are held. This is ideal given that event operators are more likely to book this accommodation venue above all others. The motel itself is well presented and offers redevelopment or expansion potential. We have even included plans showing there is the ability to effectively more than double the number of rooms onsite.

Suitability

Motel or property investors

Clientele

Travelers

TradingDays

7 Days

Employees

3 x casuals

Sale Of

Business + SAV + Freehold

Reason for Sale

Retirement

Other

The motel has many regular clients from groups such as trades people, maintenance workers, Government organisations and regular visitors from the surrounding district. This motel also offers a large wedding and function facility, complete with bar, commercial kitchen and outdoor entertaining area that is not fully utilised and therefore offers addition income potential.

 


 

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Bundaberg

Stuart Stephenson

p 0419 967 882

e bundaberg@foresightbusiness.com.au

 

Download Area Profile
ABN: 20 631 889 954
PO Box 1200, Hervey Bay QLD 4655

 

 

 

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