Western Downs - As New 4 Star

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The Motel:  16 quality large 4 star motel units, only 3 years old, located right in the heart of the burgeoning Western Downs region, undergoing huge expansion in the Resources sector, and also experiencing strong business in the timber and agriculture industries. Motel

Accommodation: Large units, all with superb bathrooms, quality 4 star fittings, tiled walkways, queen beds, divans, tables and chairs, Austar TV and hardwired Internet connections. Undercover parking.

Meals: No restaurant, breakfasts and home style evening meals served to units as required. A well equipped commercial kitchen with all facilities.

Owner's Residence: 3 bedrooms, main is large with walk in robe and ensuite, all airconditioned. The residence adjoins the very attractive reception and office area. OzWiz Motelier computer booking system is installed.

Financial: Occupancy is currently in excess of 80% with an average room spend exceeding $140. Turnover this current financial year will be approximately $600,000, with an anticipated operating profit exceeding $245,000. A Lease term of 28 years is available.

Comment: This is a rarely available as new motel business in one of the major growth regions of Queensland. It is well equipped, the presentation is first class, and the business is easily operated by a couple. Inspection highly recommended, you will not be disappointed.

Leasehold $825,000

Quality 4 Star Executive Motor Inn

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The Motel:  Only 6 years old, 25 quality units very well appointed to an executive standard, modern decor with great bathrooms. Undercover parking. Austar and Wireless Broadband connected. A superb licensed restaurant and cocktail bar supported by a stainless steel commercial kitchen. The restaurant offers both indoor and outdoor alfresco dining. A delightful inground pool with relaxing surrounds complete the picture. A member of a reputable international chain.

Location: A southern Queensland location at the junction of 5 major highways on the main entrance to the well established township with all amenities and facilities. The area services the Beef, Agriculture and cotton industries, and mineral exploration has also commenced. The motel is highly visible from the main road entrance with a very attractive and inviting external appearance.

Owner's residence: Very private at the rear of the main building with a separate road entrance, 3 bedrooms, own kitchen, double lockup garage, and plenty of storage.

Restaurant: An exceptionally attractive facility with high raked timber ceilings, a separate well appointed bar and commercial kitchen. Both indoor and outdoor dining available as well as room service as required. Open 6 nights per week and adequately staffed.

Financial: Turnover this financial year will reach $1 million (ex GST). Rent is only 22% of turnover with a strong net profit. Occupancy is above 70% and 100% most week nights. Possibly the best performing accommodation facility in the region. A lease term in excess of 24 years is available.

General Comment: This is an outstanding motor inn only 6 years old and in excellent condition. It would be very suitable for an experienced hands on operator wanting to continue improving the business and capitalise on the increasing value in the future. Inspection highly recommended.

Leasehold $995,000

Outstanding Regional B&B Motel

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The Motel: 16 quality refurbished units to a very high 3.5 star standard. Undercover parking. 3 bedroom two bathroom residence, quality commercial kitchen, no restaurant. Excellent street appeal in the centre of the Regional location. A member of a major reputable international chain.

Location: Approximately 2.5 hours from Brisbane in a well established and bustling township with every facility and amenity. Strong growth being experienced in all economic sectors.Quieter position just off the major highway, and on the fringe of the busy central business centre.

Owner's accomodation: 3 bedroom ensuite residence over two levels adjoining the front reception & office, with easy access to the well equipped quality commercial kitchen. A well equipped laundry is also attached at the rear of the residence.

Financial: A well established motel business with the same owner's for quite a number of years. The motel trades at an average 80% with a very good average room spend on a consistent basis. Revenue this current financial year is expected to exceed $550,000 based on 11 months trading. An owner operator couple can expect a net return of some $200,000 (or better). A new 30 year lease is available.

General Comment: This is a rarely available B&B motel in one of the best motel locations in Queensland. It has an exceptionally consistent trading history over several years.Major projects are underway in the area with many others in the planning stages.The business is easily operated by a couple with casual staff assistance and offers the opportunity to benefit and prosper from the strong growth in the region. Strongly recommended for inspection.

Leasehold $795,000

Major Regional City Location

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The Motel:  A 23 unit motel, some undercover parking, 2 bedroom residence over two levels, no restaurant or evening meals, easily operated by one person with casual cleaning staff. Well located adjacent to the city centre on a major arterial road.

Location:  Located in the centre of a busy regional city location, with adjoining retail facilities, close to all city facilities and other accommodation complexes. Good visibility on a major arterial road. The central location ensures good repeat clientele on a regular basis.

Motel Units:  23 units of varying combinations, including Queens, Twins and Family size units. Various renovations and refurbishments have been carried out and presentation is very good to a 3.5 star rating. Some undercover parking is available. Airconditioning is mainly split systems. Austar TV is connected and Wireless Broadband facilities are available. There are BBQ facilities and a guest laundry on site.

Owner's Residence: Located at the front entrance to the complex and adjoining the Office and reception area. Over two levels with two bedrooms on the upper level. The kitchen is well appointed and could be used for evening meals if a new owner requires.

Financial:  Turnover for the 2009 calendar year was $390,000 with a resultant net profit of $137,000 after rent and expenses. Occupancy rate was 65.4% on a tariff structure of between $79 and $140 depending on the type of unit occupied.The profit represents a 28% return on the asking price which is excellent for a major regional city motel business. General

Comment: This is an exceptionally well presented 3.5 star motel in an atractive major city, easily operated by one person with casual staff assistance. IT is very well suited to all prospective buyers in this price range. An Inspection is highly recommended.

Leasehold:      $490,000

Regional City Accommodation Hotel

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The Hotel:    A 66 unit accommodation complex with licensed restaurant and Function centre, covered carparking, a two bedroom two bathroom residence, a separate one bedroom manager;s unit, and inground pool.All units with double glazing and split system air conditioning.

Location:   Located in a prominent highway location in a prosperous Queensland  Regional coastal city, opposite beautiful parklands and gardens. Close to the city centre and all amenities.

Accommodation Units.  66 hotel rooms spread over 6 levels and serviced by two elevators. (One new). The hotel rooms and foyers have had extensive upgrading and are extremely well presented. There is a good combination of Executive, Deluxe and Standard rooms and all are quite large and well appointed. New flat screen TVs have been installed and Austar is connected as well as Wireless Broadband.

Restaurant:  A licensed restaurant and Function centre with separate cocktail bar, all overlooking the attractive pool area. Open to both hotel guests and the general public. Fully staffed.

Financial:   Turnover has exceeded $1.8 million (including GST) in the last financial year. Tariffs have recently increased as has overall occupancy with the upgrading of the property being substantially completed. Net profit last financial year exceeded $335,000 Annual rental is less than 20% of turnover.

General Comment:    This property is well located in a prosperous coastal city set to undergo further expansion and growth, and this represents an outstanding opportunity for an experienced operator to take the business to the next level with improved turnover and profitability.Inspection by appointment.

Leasehold $1.4 million + SAV

Sunshine Coast - B&B Motel

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The Motel:   A superb 16 unit motel with an excellent large 4 bedroom ensuite residence on over 3000 square metres of landscaped lawns and gardens with inground pool. All units have a pool and garden aspect. 12 are at ground level with 4 on the upper level with private balconies. Undercover parking for all vehicles.Quality kitchen for service of breakfasts only.

Location.  Located in the heart of the Sunshine Coast with excellent highway frontage and close to all visitor facilities and amenities. Only a short drive to the famous Sunshine Coast beaches. Also close to Conference and Entertainment venues as well as an established business centre. Schools and restaurants are all nearby.

Accommodation Units:  12 at ground level with 4 on the upper level. All are quite large and presented in excellent condition with many renovations and refurbishment completed in recent times. All units overlook the sparkling pool and lush gardens. Microwaves are provided, Wireless Broadband is available. There are 2 family units and the motel caters for a wide and varied clientele.

Owner's Residence:   A large family sized 4 bedroom residence with ensuite over 2 levels. There is a quality kitchen, a separate laundry, a back office, and a car garage with individual rear street entrance. Very suitable for a family operation, or easily operated by a couple.

Financial: Motel turnover is in the vicinity of $240,385. with a net profit of $105,427 for the last 12 months. The lease term offers a secure 27 years. Room tariffs vary on the type of unit and people accommodated. Ranging from $90 to $160 during peak times. General

Comment:  This motel offers a special atmosphere with its privacy and garden settings. There are many return guests and many longer stays which keep operating costs down. The residence is quite exceptional with a private courtyard as well as airconditioning. Motels are rarely available on the Sunshine Coast particularly in this price bracket. Inspection highly recommended, it won't last very long on the market.

Leasehold:     $399,000

Gold Coast Highway Motel

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The Motel:     A 15 unit two storey motel with Gold Coast Highway frontage on a prominent corner position. All units have been refurbished and renovated and are presented in very good condition. Undercover car parking, a solar heated salt water pool and spa, a two bedroom owner;s residence with a breakfast kitchen.

Location:   Highway location right in the heart of the action. Close to all the facilities that the Gold Coast has to offer. This ensures consistent return business as well as the many visitors and travellers that frequent the area,

Motel Accommodation:  There are 3 separate family units as well as 12 other units with various bedding combinations. All units are extremely well presented, the lower level with attractive tiled flooring. All cabinets and benchtops have been replaced with attractive and dateless timber furniture. Wireless Broadband facilities are available.

Restaurant:  No restaurant. Breakfasts only are served to units. There are several varied restaurants and cafes nearby that cater for evening meals and takeaways.

Financial:    Turnover has averaged close to $270,000 over the past 3 years. For the first 7 months of the current financial year turnover has reached $160,000. Rental is $92,400 per annum and there is a 20 year lease in place. Expect to earn $100,000 per annum.

General Comment: This is a well located lifestyle property that provides a home and excellent income, and is easily operated by a couple. Ideal for first time operators. The current lessees are selling after 11 years The units are in extremely good condition and do not require further upgrading. Inspection recommended.

Leasehold $440,000

Superb Bed & Breakfast Motel - Busy City Location

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The Motel:   27 large quality units with large 3 bedroom ensuite residence and separate kitchen for breakfasts only. The motel is constructed in Federation Style. Excellent presentation to 3.5 star standard.

Accomodation:   All units are quite large with one executive suite fully equipped. All units have Austar & Broadband facilities. There is a good combination of units able to accomodate all different types of guests from the executive to the larger families.

Owner's Residence:  A 3 bedroom ensuite residence over two levels with good size living area. All air conditioned. Adjoining kitchen and an expansive storage room. Also a very large administration area adjoining the reception and also a separate storage room at ground level.

Restaurant:  No restaurant. Breakfasts only. Charge back facilities are available at nearby restaurants and other eating houses.

Financial:  Turnover last financial year was $690,055 with a net profit after addbacks exceeding $220,000. This represents a return of 28.5 % on the asking price.

General Comment:   This is a true Bed & Breakfast Motel located on the main entrance to a desirable and busy city with all facilities. The owner's residence is very suitable for a family operation if required. There is potential for an active operator to increase the business considerably. Call for complete details.

Leasehold $780,000

Excellent Money Maker - South West Queensland

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The Motel: 10 well presented units, a separate 4 bedroom cottage, a licensed restaurant and bar, and a two bedroom residence.

Accommodation:  10 units with very good presentation, well equipped with 22 Austar Channels, reverse cycle air conditioning, tea and coffee making facilities, tables and chairs. Wireless Broadband is available. There is also a separate 4 bedroom cottage which is very popular with group bookings.

Owner's Residence.  Located on the upper level and comprising 2 bedrooms, living and bathroom. There is also an outdoor covered patio at  the ground rear entry to the restaurant and office area.

Restaurant:  A delightful licensed restaurant and bar is located at the front of the property with street entrance. It is very well equipped and supported by a large commercial kitchen.

Financial: A very consistent performer, Turnover exceeds $310,000, there is a 22 year lease available, annual rental is $63,000 and a couple can expect to earn in excess of $80,000 per annum.

General Comment:  This is a great opportunity for a couple to enter the hospitality industry and enjoy the Queensland country lifestyle at an entry price at the lower end of the market. Inspection recommended.

Leasehold $280,000

Outstanding Money Maker - 30% Return

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The Motel:  23 units, small licensed restaurant, 2 bed residence, pool, separate commercial laundry all on 2.5 acres of level landscaped grounds. Heritage style brick construction with bullnose roofing. Also a large 2 bay steel shed with twin roller doors for storage.This motel has excellent street appeal with wide busy highway frontage and strong visibility from both directions. Recently repainted externally and very well presented.

Accommodation: A good mix of units with 8 executives, 3 large family units, 3 workers units, and 9 standard motel units. Rated 3.5 star and 3 star for the worker's units, this motel appeals to a wide cross section of business, travellers and workers who frequent the area. It is also well equipped to cater for Coach Business which is in demand in the tourist season.

The Restaurant: A well presented licensed restaurant with separate bar and commercial kitchen. There are 2 coldrooms on the premises. The restaurant offers both indoor and outdoor dining and is fully airconditioned. It is well staffed and caters for motel guests and the general public.

Owner's Residence: 2 bedrooms with separate living room which adjoins the second kitchen which is used for breakfasts as well as for personal family use. The residence adjoins the reception area which is fully equipped with computerised booking system. Undercover parking for the owner's vehicle.

Financial:  This motel has shown excellent growth. Turnover is close to $540,000, The lease rental is only $62,000 per annum, and net profit last financial year exceeded $200,000. The region is set for further growth with new industry taking off in the area.

General Comment: This is a well presented property showing good profits. It is very suitable for a couple starting out in the industry or simply others looking for a solid income and return on investment. Inspection recommended.

Leasehold $630,000 + SAV

4 Star Oasis - Corporate & Travellers

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The Motel:  26 quality 4 star motel units including 8 larger executive suites. A superb licensed restaurant and bar with commercial kitchen, indoor and alfresco dining, and a resort style pool and surrounds. Large landscaped grounds all presented in excellent condition. The front entry is most impressive with a high covered Porte Coche entry and guest parking area while checking in. Excellent street appeal from both highway directions.

The Motel Units: All quite large and tastefully furnished. Tiled entry at front doors. Fully equipped for the comfort of guests. Austar TV is installed. The motel is spread over 5 separate buildings.

The Restaurant and Conference Room:  Seats 65 plus a large outdoor covered alfresco area. Terrific cocktail bar fully equipped, stainless steel commercial kitchen. The conference room can be closed off by way of concertina doors if required for private meetings. An excellent menu and wine selection. A chef is employed.

Owner's Residence:  One of the best. A large 4 bedroom home with separate kitchen, large living areas, long private covered patio area. Adjoins the office and reception area and is totally separate and private from the motel. Ideal for a family operation if required. All airconditioned.

Financial Details. This business has shown consistent growth over the past 10 years. Turnover last financial year exceeded $900,000. The rental ratio is comparatively low as a percentage to turnover and much less as compared to similar properties. A strong net profit ensures an excellent income.

General Comment: One of the best currently available on the market in this price range. It is located in a solid Western growth region and the future is assured, Inspection highly recommended, you will not be disappointed.

Leasehold $995,000 plus SAV

Classy Country Motel - Superb Presentation

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The Motel: A superbly presented motel with 18 units, a large 3 bedroom owner's residence, pool and gazebo and undercover parking on 1 acre of landscaped land. Only 10 years old and as new throughout the entire property.

Accommodation: 18 large executive units. 28 square metres with tiling from the front entry right thru the unit to the rear bathroom. Carpet around the bedding.Tastefully furnished. New drapes and tracks. Reverse cycle split system air conditioning, TV with Austar, Wireless Broadband. Feature Daddo Wall panels behind the bedding is an added feature. Quality ageless cupboards and benches.

Restaurant: No restaurant: Breakfasts and evening meals are served as room service and an evening cook is employed 5 days per week. There is a quality stainless steel commercial kitchen fully equipped.

Laundry: A fully equipped commercial laundry is on site and all linen is owned. There is also a separate coin operated guest's laundry. There are 2 large storage rooms on the premises.

Owner's Residence: An excellent residence suitable for a family. 3 large bedrooms with built-ins, a large living room with separate dining room, a large paved outdoor private patio area and verandahs surround the living areas.  Separate bath and shower recess in the bathroom.

Financial: Turnover exceeds $500,000. Average room spend is $120 with occupancy at 69.7% last financial year. Net profit of $175,000. 24 years left on the lease. This motel has an excellent track record and has shown steady growth on an annual basis.

General Comment: Certainly one of the best available in this price range. With as new presentation, an excellent residence, easily managed, and consistent repeat business, this is a motel business well worth calling your own.

Leasehold $595,000