Well presented 4 star motel perfectly positioned on main thoroughfare
Presenting to market the leasehold opportunity to this quality 4 star property primely positioned on main thoroughfare into town and offering excellent street appeal.
All 40 rooms have all the necessary inclusions making this a preferred stopover for corporate and leisure guests alike. In fact, during Covid19 - this property still continued to grow due to new marketing strategies and increase in targeted corporate business.
- Mackay growth reflected in growing revenue and profits
- Long lease in excess of 25 years
- 70% Direct bookings with only 20% OTA (expedia & booking.com)
- Growth during Covid due to new marketing strategies and increase in targeted Corporate Business
- Low Rent ~ 20% of total Revenue
- 5 mins to airport, hospital, CBD. 200m walk to shopping services
- Property inspections are by appointment only