Rare Opportunity to Acquire a Freehold Going Concern Motel in a Thriving Regional Hub
28-30 Esmond Street , Emerald QLD
Property Highlights
Description
Burgess Rawson is pleased to offer to market the Emerald Inn located at 28-30 Esmond Street, Emerald QLD. This rare freehold going concern opportunity is for sale via Private Treaty.
The opportunity offers the following highlights:
+ Rare modern freehold going concern motel featuring 31 spacious one bedroom, fully self-contained units
+ Unmatched opportunity to acquire a near set-and-forget investment, with the managers, assistant managers and revenue managers wages included
+ Primely positioned to cater to a thriving mining industry with 11 of the 34 operational coal mines in the Bowen Basin located within proximity to the township, employing over 17,000 people in the region
+ Substantial 4,045sqm* landholding conveniently located within 500m* of the Woolworths anchored The Village Shopping Centre and numerous national tenants including McDonald’s, KFC, Toyota, Supercheap Auto & NAB
+ A strong history of occupancy, with a consistent income stream provided by repeat clientele of mining executives and government employees
+ Continuous reinvestment from current owners towards the maintenance and upkeep of the property, with a full renovation of all bathrooms currently underway
+ All units feature fully equipped kitchens, lounges & large bathrooms with stylish high-quality fixtures and fittings
+ Fully equipped two storey managers residence with office and reception, offering the incoming purchaser the opportunity to reside on-site
+ Emerald: thriving regional centre within the Central Highlands, generating $6.45 billion gross regional product (GRP)^
+ CY22 Turnover: $977,865*
+ CY22 Net Profit: $601,634*
For Sale via Private Treaty.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
^ Central Highlands Regional Council
Property Details