Freehold Convenience Store, Service Station, for sale with 13 Room Motel & Cafe with Liquor Licence
Lots of income streams with huge potential for further improvement.
Plus a separate 3-Bedroom Owner’s Residence.
This Freehold Property is located in a Central Qld. Town (Close to Mt Isa).
Same owner for 27 years and is ready to retire and hand over the reins to a buyer who has a pioneering spirit.
Lots of income streams with huge potential for further improvement as located on approximately 1 acre of freehold land in the centre of town.
The town has a permanent population of approximately 200, with a local hospital, Police Station with 2 permanent officers, an airstrip, a school for the locals that also purchases all their Diesel Fuel for their generators from this business to run its air-conditioners.
Plenty of plant and equipment is included in the sale including a workshop with a Tyre Repair Mmachine, Solar Electric Panels costing $23,000.00 and much more.
Motel guest are mostly Government, Council & Mine Workers as there is a nearby Phosphate Mine plus on-going exploration projects.
Fuel Station has 4 pumps; 2 for Diesel & 2 for Unleaded with good margins as the fuel price is $1.95 per litre!
Owner employs 2 x casual staff as cooks and cleaners (mostly backpackers) and states an approximate annual nett profit of $150,000.
The property is insured for $1.344 million.
Brokers Comments: A rare freehold opportunity for a Buyer that has a “True-Blue Pioneering Spirit”. Owner is in his 70’s and is retiring.
Huge growth potential for further expansion to cater to the grey nomads & Australians’ holidaying at home in their caravans and RV’s.
Overview
Price slashed - now only $550,000 + SAV for a quick sale!
Code: 303593
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