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ONCE IN A LIFETIME CHANCE TO ACQUIRE AN ICONIC MOTEL IN PRIME BEACHSIDE LOCALE | Resort Brokers ID : FH008783
Expressions Of Interest
Motel (Freehold) hospitality, SOUTHPORT QLD
ResortBrokers offers to market for the first time in over 20 years, the freehold going concern to Southport Motel and Apartments. An iconic building within the thriving Southport community, this business has been successfully operated by family owners. The property has been significantly upgraded and rebranded over time, with an additional 15 self-contained apartments in a newly renovated 3-storey building at the rear of the original motel.
The mid-scale motel comprises a total of 38 units, made up of 23 motel rooms and 15 apartments. Onsite facilities include pool, laundry and free parking. It has earned itself a solid reputation with repeat clientele and enjoys strong occupancy with corporate and holiday clients alike. Recently verified trading figures for 2024/25 show a strong and improving performance.
Current managers reside onsite in the 2-bedroom apartment in the back building. There is alternative accommodation above the reception, currently used for storage. This could place the apartment back into the letting pool and boost revenue.
The property has an expansive landsite of 2,027sqm, which sits under special zoning with the Gold Coast City Council, enabling the option for a future redevelopment. This is a rare opportunity of scale and quality to secure the freehold business that offers genuine upside potential in a burgeoning position of Southport.
- Well-run, beautifully presented, modern walk-up motel and renovated apartment complex in Southport
- Superbly positioned for guests and holidaymakers - G:Link at door and major shops, dining and cafes nearby
- The property offers 7 configurations of affordable accommodation to suit each demographic
- 23 motel rooms with 1- and 2-bedroom configurations in the original 2-storey front building
- 15 self-contained apartments in a newly renovated 3-storey walk-up building to the rear
- Onsite facilities include swimming pool, laundry, complimentary guest parking and WiFi
- Upside potential to increase nightly tariffs / ADR to reflect quality of apartments and area averages
- Welcoming front lobby with reception desk for check-ins, 'New Book' software for reservations
- Choice of manager's residence above reception or 2b/2b apartment in back building
- Recently updated all air-conditioning units throughout the 38 rooms
- Potential redevelopment opportunity of the expansive 2,027 sqm site with favourable special purpose zoning
- Inspections by appointment only
EXPRESSIONS OF INTEREST CLOSE FRIDAY 19TH SEPTEMBER 2025 AT AEST 5PM
Date updated: 28 Aug 2025 23:00:01
More Information
- Total Purchase Price: Expressions Of Interest
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?