80 Takalvan Street, Bundaberg West QLD 4670

For Sale $2,343,000

Freehold Going Concern 16 room Motel complex. Excellent presentation & Attractive net return

The Golden Palms Motor Inn is an immaculately presented 4-star, 16 room motel complex and is now offered for sale as a freehold going concern.
This is an ideal opportunity for an experienced motelier to add a valuable property to their portfolio, with a maintainable net profit of $310,00.00+ per annum.
Located on Takalvan Street, the main road into Bundaberg city, the motel offers on-site under cover parking, a pristine outdoor family friendly pool with BBQ area, free guest laundry and Wi-Fi access.
The Golden Palms maintains strong forward bookings, has 48 solar panels installed with a complete roof replacement (2019), serviceable kitchen, two-bedroom managers accommodation and storage container.
The motel is approximately 2.5 km from the Bundaberg Airport, in close proximity to one of Bundaberg’s largest shopping centres, Stocklands, the Bundaberg Recreational Precinct and sports clubs, all of which provide courtesy bus services.
Financials are available to prospective buyers upon the singing of a confidentiality agreement.

Property Features
  • Hotel/Leisure
  • Land is 2,216 m²
  • Floor Area is 800 m²
  • 16 Car Spaces

Outgoings: No

Real Estate Agent's
David Radonich
Commercial Sales Executive

    Sharon Golding
    Principal Licensee
    0457 473 173
    07 4196 0933