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Motel · Lakeland · FH007047

Marketplace / Motels / QLD / Motel · Lakeland · FH007047

This is your great opportunity to purchase the freehold going concern of the historic and iconic Palmer River Roadhouse. The business has returned to pre-Covid trading levels and is well placed to take advantage of the expected surge in growth of the regional domestic tourism market. Featuring a strong diversified income mix from accommodation, fuel and food & beverage, the business has established a consistent trading pattern for many years. The owners have invested significantly in a capital sense to the property over the past 5 years, providing the new owner with the opportunity to move in and not having to spend any funds on improvements. This is a terrific opportunity to enter the freehold market in the growing far north Queensland market.

The numbers.

$225,723
Net profit
Asking $895,000 + SAV
0

Lakeland.

The deal in one paragraph.

This asset has settled. The page is preserved as a case study — the strategy, the buyer pool, the time-to-close and the multiplier are kept on record. The broker who placed it is the same one who'll discuss similar opportunities with you.

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Sale price
Metric
Net · Freehold Going Concern
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Settled
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