Address available on request,
Bundaberg Central, QLD 4670
Hotel, Motel & Leisure
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1931MF - GREAT OPPORTUNITY, AFFORDABLE FREEHOLD MOTEL BIG UPSIDE
- Great starter motel 10 rooms.
- Affordable Freehold with big upside.
- Presents very well.
- Currently run by single person.
- Very comfortable and spacious three bedroom, two bathroom residence.
- Renowned motel town.
- Massive upside ask me why then come and take a look.
The Kalua Motel is situated on the north side of the Burnett river in Bundaberg, just a short walk to eateries, local pub and IGA.
The motel is presented in very good order. Easily run by a single person or a couple this motel has the potential to be the perfect starter motel or an ideal semi-retirement option.
Currently being run at the owners own pace and discretion that has led to lower returns as they wind down ready for retirement. However, since July 1st, 2020 occupancy has been at around 80%. Genuine opportunity here, operate at full steam, takings will rise substantially, the improved bottom line will provide an excellent income and the capital value will rise with it.
But there’s more, there are extra rooms that can be used to further enhance the returns.
Bundaberg is a good motel town with sustainable tariffs, has good infrastructure, an airport and all the major services that you could want.
Give me a call today, this motel is worth looking at.
Net Profit $91,295 for 2018/19 and $69,336 for 2019/20
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1931MF (quote when enquiring)
Property Code: 3586
- Affordable Freehold with big upside.
- Presents very well.
- Currently run by single person.
- Very comfortable and spacious three bedroom, two bathroom residence.
- Renowned motel town.
- Massive upside ask me why then come and take a look.
The Kalua Motel is situated on the north side of the Burnett river in Bundaberg, just a short walk to eateries, local pub and IGA.
The motel is presented in very good order. Easily run by a single person or a couple this motel has the potential to be the perfect starter motel or an ideal semi-retirement option.
Currently being run at the owners own pace and discretion that has led to lower returns as they wind down ready for retirement. However, since July 1st, 2020 occupancy has been at around 80%. Genuine opportunity here, operate at full steam, takings will rise substantially, the improved bottom line will provide an excellent income and the capital value will rise with it.
But there’s more, there are extra rooms that can be used to further enhance the returns.
Bundaberg is a good motel town with sustainable tariffs, has good infrastructure, an airport and all the major services that you could want.
Give me a call today, this motel is worth looking at.
Net Profit $91,295 for 2018/19 and $69,336 for 2019/20
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1931MF (quote when enquiring)
Property Code: 3586
Additional information
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Bundaberg Central, 4670 demographic data
The median household income for Bundaberg Central is $833, 45% lower than Regional Queensland's household income of $1,507. Bundaberg Central has a younger age profile compared to the rest of Regional Queensland (median age 34 vs 41). Property ownership data shows 0% of property owners in Bundaberg Central have a mortgage.
162
Population
$833 per week
Median household income
34 years
Median age
Renters
Most residents
Singles
Most households
1300 512 5...
Address available on request
Bundaberg Central, QLD 4670
Tourism Brokers - NSW, QLD, VIC & TASCentralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
BEECROFT, NSW 2119
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