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Business ID BS141497

Freehold Motel Short Term Stays, Outback, Queensland

Profits to owner $140K, Lifestyle Opportunity, Historic Town

Exciting opportunity to purchase a freehold motel in Winton, one of Queensland’s most historic outback towns and home of “Waltzing Maltida”. Banjos Overnight and Holiday Units is a freehold motel located on a near level 2529m2 corner site within the township of Winton, around 170km North West of Longreach. It features 8 self contained units, outdoor swimming pool, BBQ area, a coin operated laundry, 3 Bedroom Manager’s residence and an Office.
 
Very popular area with attractions including Australian Age of Dinosaurs, the Dinosaur Stampede National Monument, the Waltzing Matilda Centre and a myriad of events and festivals. The motel accommodates both holiday makers and workers.
 
 Business Highlights:
 
  • 2019 Profit to owner $140K
  • 2018 Profit to owner $132K
  • Lifestyle Opportunity, friendly clientele 
  • Can be run by one person
  • Full Occupancy April - October
  • Easy to run, no skills or experience required
  • Opportunity to increase room rates
  • Freehold Property on large 2529m2 level block
The business would suit an individual or couple looking for an “Outback” change, a predictable income and the security of owning the property. Alternatively, this opportunity will suit someone looking for a cash-flow positive property/business investment in the world famous Queensland Outback.
 
Price Reduction: $779,000, Walk in Walk Out including fully furnished freehold property (excluding furniture in manager’s residence).

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Business Sale Price:
$779,000 WIWO
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