We can't remember the last time a Freehold Hotel in the centre of Brisbane was made available to the market, however ResortBrokers® has been appointed to market for sale the Amelia Hotel. The property has been painstakingly renovated from top to bottom and is now a fully completed boutique freehold hotel with its future potentially in your hands!
Leading motel accountant, Rob McAdam, has been appointed to prepare a Profit and Loss report which states a net profit $357,568. This is based on a full year of trading with all the rooms’ renovations now finished and available for sale. With a high net income, you run this under management or drive the business into its next phase as an owner operator. You will also note we have attached a revenue tracker for the last 12 months to demonstrate the business has very much made a great COVID recovery and is continuing to grow month by month.
Located in a blue chip area which can only be described as a ‘blue chip’ location, it is situated between the RNA showgrounds and Fortitude Valley railway station, and only a two minute walk or 250 metres away from each of these landmarks! Perched on 405m2 of prime inner city land, this property is in amazing condition with the property fully renovated over the past few years.