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 $323,529 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.
Interested? Why not give Steven Styles a call on 0488 044 981 or steven@resortbrokers.com.au