Whitsunday Gateway Motel: 14 rooms, $343k avg profit, growth upside
PROSERPINE, QLD, QLD
Description
Exclusive Whitsunday Gateway Motel: 14 rooms, $343k avg profit, growth upside A & A Motel presents a rare freehold going concern opportunity in Proserpine, the transport and services hub for the Whitsunday region. This well-maintained 14-room motel sits on 2,632 sqm of highway-frontage land and delivers a consistent adjusted net profit averaging $343,267 over the past three years. With 66% occupancy driven by strong corporate repeat business, the property provides both immediate income security and future upside through tariff optimisation and occupancy growth. The motel operates as a turnkey business with a refurbishment completed eight years ago including a new roof and soft refurbishments to the rooms. This opportunity is perfectly suited to a two-person owner-operator team or hands-off investors utilising the experienced management already in place. The property features a practical mix of 12 ground-floor rooms and two upstairs rooms, all with undercover parking, plus a large inground swimming pool and coin-operated guest laundry. A spacious three-bedroom, two-storey air-conditioned owner's residence provides comfortable accommodation for operators. Proserpine's gateway location captures overflow from the Whitsundays' one million annual visitors and $1.6 billion tourism economy Strong corporate client base and regional economy supported by agriculture, government services and tourism Tariff and occupancy upside available through hands-on management to further enhance already strong returns Highway frontage with dual street access delivers exceptional visibility and accessibility for guests and large vehicles Excellent development opportunity supported with detailed architect plans to add an additional 9 rooms, offering significant expansion potential for buyers seeking to scale operations Spacious three-bedroom, two-storey owner's residence provides comfortable living Turnkey operation with 14 well-maintained rooms across 12 ground-floor and two upstairs configu
Financials
- Asking price
- $2,300,000
- Net profit
- $343,267
- Revenue
- —
- Profit multiple
- 6.70x
- Revenue multiple
- —
Agent
Steven Styles
