UNDER CONTRACT High Profit Freehold Motel Ready to Grow with DA

Maroochydore QLD
Asking Price $3,280,000
About
UNDER CONTRACT

Seize this unique opportunity to acquire a well-established motel and freehold package, nestled among prestige acreage properties with easy access to Buderim, Maroochydore, Mooloolaba and surrounding beaches, businesses, and tourist attractions.
The profitable freehold motel has been operating for 30 years in a highly sought-after and booming Sunshine Coast location with ongoing accommodation shortages, offering massive growth and infrastructure development prospects to a discerning investor.

Highlights:
* 85% occupancy with 7 motel units and 2 self-contained rooms.
* Fully refurbished 3-bedroom manager's residence.
* Swimming pool, gazebo and barbeque area.
* Great work-life balance - only 25 to 30 hours per week and no staff.
* Large 4,265 m2 block ready for further infrastructure development.
* DA approval in place for a further 5 motel units.

Don't miss your chance to acquire this motel on prime property which provides great returns with significant potential for development, renovation, or land banking.

Key Financial Information:

2023 PEBITDA:      $464.473
Asking Price:        $3,280,000 WIWO
Approx. Stock Value:  Nil
Business Broker:     Ruth Holland
Our Reference:      SC00541

Keywords: South East Queensland, acreage, land bank, hotel, tourism, bbq

Ref: SC00541
Ref: SC00541
Timestamp: 2024xxxxx
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