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One of the best presented motels in regional QLD & a large Net Profit to match

MIGHELL, QLD, QLD

MotelSoldResort Brokers
One of the best presented motels in regional QLD & a large Net Profit to match

Description

One of the best presented motels in regional QLD & a large Net Profit to match Welcome to the Barrier Reef Motel in Innisfail. This property is one of the most beautifully presented leasehold motels in regional Queensland, having been through a full renovation internally and externally. The purchaser of this property can comfortably know that there is not a cent to spend, all you have to do is start operating from day one and continue what is an extremely successful business boasting a high net profit. Motel in excellent condition - not a cent to spend Recently painted internally and externally (including roof) 21 year lease as at June 2021 Modern private owners/managers residence Large net profit 40hrs per week reception wages allowed for in P&L Great lifestyle in a high quality regional Queensland town Undoubtedly one of the best coastal motels in North Queensland Massive repeat corporate clientele Property inspections are by appointment only

Financials

Asking price
$1,195,000
Net profit
$408,114
Revenue
Profit multiple
2.93x
Revenue multiple

Agent

First seen: 13/06/2026
Last seen: 14/06/2026