FREEHOLD, HIGH PROFILE, COMMERCIAL PROPERTY

$975,000
TYPE OF COMMERCIAL
Hotel/Leisure

Details

Tropical Lodge is the second largest motel in Innisfail, providing guests with quality, affordable, short term accommodation. Selling completely furnished, walk in, walk out. This substantial smooth, running business is run completely by a great team of four local staff.

Built in 1988, the entire property, was completely renovated and refurbished in 2013, carefully maintaining the art deco facade. Since then, the Owners have continued to improve the property, with the addition of two new motel rooms in 2014, (with Council approval (now lapsed), to build 2 more). Replaced all roofing screws, installed new insulation throughout, and a 31.8kw solar system in 2016. Energy efficient, quiet, ducted air conditioning throughout the main building with split system A/C in the restaurant, apartment, and 2 new motel rooms. The whole property is well maintained

The three ‘motel style’ rooms, Studio and two bedroom apartment are to the front of the property, with the remaining 23 ‘hostel style’ (without ensuite) rooms to the rear.  There are a total of 25 rooms, in 6 different room types:

  • 1 x 2 Bedroom Apartment.
  • 3 x Executive motel rooms.
  • 1 x studio Apartment (Caretakers Residence).
  • 3 x 6 bed  Backpacker rooms (share facilities)
  • 4 x Twin/Double (share facilities)
  • 13 x Single rooms (share facilities)

This thriving business is not dependent on the tourist trade but has great potential to tap into local and regional existing tour operations, expand the range of clientele by capitalising on neighbouring facilities, and obtain increased returns if the business were to be self-managed.

HOTEL FEATURES:
BBQ, Gazebo, Takeaway Shop with commercial kitchen, Pool Table, Under cover car parking, off street car parking and secure car parking. Coin operated laundry, Guest lounge/recreation area, Separate Male & Female shower and toilet facilities. Fully equipped communal kitchen.

The hotel uses RMS as its management system.

MORE ABOUT THIS PROPERTY
Property Features
  • Hotel/Leisure
  • Land is 2,023 sqm
Community Features
  • Medical Centre/Hospital
  • Playground/Park
  • Pool
  • Public Transport
  • School
  • Shops
  • Sports Facilities
Contact Agent
  • List # 1438
  • Price: $975,000
  • Status: For Sale
  • Location: INNISFAIL
  • Land Area: 2,023 sqm