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RARE COASTAL LEASEHOLD MOTEL IN BOOMING HERVEY BAY
$1,500,000
Motel (Leasehold) hospitality, Torquay QLD
Premier Business Sales is thrilled to present an exceptionally rare Coastal Leasehold Motel in booming Hervey Bay.
- Exceptional Leasehold Opportunity: a long 33-year lease and favourable rent of just $88,220 annually.
- Strong Financials: Healthy turnover of $539,596 (2023/2024), trending upwards, with 60% occupancy and room for growth.
- Prime Location: Situated on the Esplanade, directly across from Torquay Beach, and just a 500m stroll to the village centre. Perfect for business or leisure guests.
- Versatile Accommodation: 15 spacious, clean, and affordable rooms, including queen, twin, economy, and two-bedroom suites, catering to both leisure and business travellers.
- Lifestyle Appeal: Enjoy a relaxed coastal lifestyle while operating an easy-to-manage business in a desirable tourist hub.
- Outstanding Facilities: Saltwater swimming pool, On-site parking and laundry facilities, direct beach access across the road
Hervey is a comfortable 3 and a 1/2 hour scenic drive from Brisbane and is located in the centre of the region known as Wide Bay. Qantas link fly from Brisbane with Jetstar flying from southern capitals.
Hervey Bay is the stepping-off location to the iconic heritage listed Fraser Island with its Resorts, natural beauty and geographical phenomena.Hervey Bay is also renowned for being the whale watchingcapital of Australia, with humpback whalesmigrating along the coast between June and October every year.
Don't miss this rare opportunity to own a successful leasehold motel business in a dream location!
More Information
- Total Purchase Price: $1,500,000
- Net Income: $ 302,150
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The value of on-title property included with the business. Its price is included in the Total Purchase Price.
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