EMERALD QLD - EMERALD INN MOTEL - $6.5M - 25% CONTRACOIN

$ AUD 6,500,000
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Description
Emerald Qld - Emerald Inn - 31 Unit Motel - $6.5M - 25% Contracoin

This exceptional 31-unit motel is to market for the first time since it was built 14 years ago. This Freehold Going Concern is being sold with the managers, assistant managers and revenue manager's wages all included, making this an almost Passive Freehold Going concern.

The opportunity offers the following highlights:

• Rare modern freehold going concern motel featuring 31 spacious one bedroom, fully
self-contained units

• Unmatched opportunity to acquire a near set-and-forget investment, with the
managers, assistant managers and revenue managers wages included

• Primely positioned to cater to a thriving mining industry with 11 of the 34 operational
coal mines in the Bowen Basin located within proximity to the township, employing
over 17,000 people in the region

• Substantial 4,045sqm* landholding conveniently located within 500m* of the
Woolworths anchored The Village Shopping Centre and numerous national tenants
including McDonald's, KFC, Toyota, Supercheap Auto & NAB

• A strong history of occupancy, with a consistent income stream provided by repeat
clientele of mining executives and government employee’s

• Continuous reinvestment from current owners towards the maintenance and
upkeep of the property

• All units feature fully equipped kitchens, lounges & large bathrooms with stylish high-
quality fixtures and fittings

• Fully equipped two storey managers residence with office and reception, offering the
incoming purchaser the opportunity to reside on-site

• Emerald: thriving regional centre within the Central Highlands, generating $6.45
billion gross regional product (GRP)^

• CY23 Turnover: $1,114,338*
• CY23 Net Profit: $544,549*


We have the Emerald Inn motel available for $6.5M - $4.875M Cash + $1.625M Contracoin. (30%)
Property for
Sale
Number of Floors
1
Built
2009
Lot Size
4045 m
Garage
Yes
Posted
Jul 27, 2023
Location
Country
Australia
State/Region/Province
Queensland
City
Emerald
Address
28 - 30 Esmond Street Emerald QLD
ZIP code
4720
Expand Map
Reference Number
RF106654
Additional information
Property Features
  • Basement
  • Central Air
  • Dining Room
  • Disability Features
  • Laundry Room
  • Fireplace
  • Main Floor Bathroom
  • Main Floor Bedroom
  • Spa/Hot Tub
  • Swimming Pool
  • Family Room
    • Current rating: 0
    • Total votes: 0
  • 266 Views
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