Accommodation and Tourism
Weipa | QLD

Budget Accommodation In Booming Mining Town For Sale

The Anchorage is located in a bush setting on the edge of the town of Weipa, just 2 mins from all the town's major shops, hospital etc. The resort is on a freehold land area of almost 7,000 sqm, one of the largest freehold blocks in the town area.

The Anchorage is the preferred choice for government departments, contractors and tourists seeking affordable long and short term accommodation. The complex sleeps 61 in various configurations.

There are 2 coin operated laundries, 3 kitchens, three TV lounge areas, vending machines, pool table, swimming pool and pool deck area. Licenced bar, Wi-Fi in all rooms and common areas. All rooms have TV, bar fridges and are air conditioned. There is a fully self-contained 2 bedroom cottage in addition to a one bedroom manager's quarters.

This freehold business comes with all plant, equipment, fittings and furnishings.

The business has doubled its net profit every year for the last 6 years. Net profit for the last 6 months July to Dec 2011 $450,000. Annual net profit approx $1 Million. This is expected to increase dramatically as the mining boom is about to explode in 2012 with Rio Tinto spending in excess of $1 Billion on expansions over the next couple of years.

The business usually operates with the 2 owners as the only staff, however 2 additional staff are presently employed on a temporary basis as the business is undergoing renovations and the building of additional rooms.

Weipa is the biggest town on the coast of the Cape York Peninsula in tropical North Queensland. The area has the largest bauxite deposit in the world and its future as a mining boom town is assured.

This is a wonderful opportunity to purchase a very profitable business that has huge potential to grow and be even more profitable.

Current owners willing to provide training & advice.

Further info and financials would be available to qualified enquirer.

Price: $3,200,000 WIWO
Client No: 439535

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Contact Details
Phone: 07 4069... (click to show)
Mobile: 0427 697... (click to show)
Fax: 07 4069... (click to show)