33-ROOM MOTEL WITH RESTAURANT, BAR & 27-YEAR LEASE NEAR ROCKHAMPTON CBD
ALLENSTOWN, QLD, QLD
Description
33-ROOM MOTEL WITH RESTAURANT, BAR & 27-YEAR LEASE NEAR ROCKHAMPTON CBD ResortBrokers presents the leasehold of Cattle City Motor Inn, a proven 33-room motel in Allenstown, Rockhampton. Secured by a solid 27-year lease (5 x 5 year options), the business has benefited from a recent refresh, with modernised bathrooms and furnishings. This asset includes a licensed restaurant, bar and conference room, generating multiple income streams. Positioned five minutes from Rockhampton city centre on a key arterial, the motel attracts strong corporate and commercial trade and records consistent occupancy. Backed by a strong regional reputation and underpinned by local infrastructure and resource projects, the asset offers genuine growth potential for experienced operators and corporate buyers seeking a secure, high-performing motel business. Prime positioned just minutes from Rockhampton city centre Best Western Member with strong tariffs and occupancy upside Refurbished bathrooms in all rooms Fully licensed Blue Heeler restaurant and bar on site 27 years to run on the current lease at favourable rent ratio Diverse room selection catering to all guest types Set on 2,617 sqm with 33 rooms and an easy-to-manage restaurant Inspections are by appointment only
Financials
- Asking price
- $1,800,000
- Net profit
- $553,069
- Revenue
- —
- Profit multiple
- 3.25x
- Revenue multiple
- —
Agent
David Faiers
