Rockhampton Court Motor Inn ABM ID #4097

Rockhampton Court Motor Inn consist of 20 studio style units that contain a full kitchenette, air-conditioning, flat screen TV and more.

The business is situated on the main highway into Rockhampton and is close to the city centre. The Rockhampton Leagues Club is right next door. The leagues club and the motor inn complement each other with the leagues club providing food and entertainment for guests and the motor inn provides accommodation for people attending functions and so on.

The motel has large contract in place for the next two years at 50% of the future occupancy rate. This is equivalent to 70 rooms booked per week.

Facilities include:

Pool
Spa
BBQ area
Guest laundry
Undercover parking
Security cameras

The vendors have installed a new solar energy saving system to cut energy costs.

The vendor would like to make mention that following some natural disasters in recent years, Rockhampton now is accessible at all time due to new infrastructure that has recently been built.

The owners operate the business with 3 additional staff and would ideally suit a couple as owner operators.

The sale includes a large 4 bedroom apartment.

Leasehold Sale Price $600,000
ABM ID #4097

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingWanting to retire

Location City: RockhamptonState: Queensland Category Hotel/Motel/Accommodation
Tourism, Leisure & Entertainment

Weekly RevenueN/A Monthly RevenueN/A Annual Revenue$657,000

Contact PersonSimon Johnson Price$600,000 Year EstablishedN/A

Phone07 3106 3811 Cashflow$N/A EmployeesN/A

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