Thursday, March 17, 2016

Profitable Accommodation Village – Queensland

Scancorp is pleased to present the following investment opportunity.

The offering is an operating, purpose built and self-contained, boutique, high end quality Accommodation Village (not mining camp), with onsite restaurant and laundry facilities. The asset is offered for sale as a freehold-going concern.

Year of construction 2007. The property comprises 24 double, 56 singles, 4 disabled rooms, a commercial laundry, a meeting room/ lunchroom conference facility, a manager’s residence and reception, car parking, a landscape and general maintenance area accompanied by a fully approved commercial kitchen and dining facility.

This is a high yielding property investment with extremely limited directly comparable competition and a highly diversified client base. The investment offers exceptional growth through further development of the site that is directly linked to some of the premium grade coal deposits encapsulated in the Bowen Basin.

Investment Highlights:

* Diversified client base: broad range of regular clients including (but not limited to) drilling, civil works, construction, services, health, education and banking sectors.
* Operated under management: administered by an off-site, in-house property manager (salary package included within EBITDA).
* Development potential: current site has approval for an additional 25 rooms with all appropriate DA/Headworks paid.
* Competitive advantage: different market and higher quality than its competitors and is a well diversified investment.
* Near-term revenue growth potential: high end quality compared with competitors, with potential for increase in room rates.
* Highly profitable historic performance – EXAMPLE, actual performance: FY13 EBITDA of $1,849,130 (includes salary package for on-site manager).

For further information and more complete disclosures of location & Price Contact:-

Ross Tiller of Scancorp & Scan Business Brokers
Phone: 07 3902 2400
Mobile: 0412 313 647
Email: ross.tiller@scancorp.com.au

Matthew Richards of Scan Property Consultants
Phone: 07 3713 7226
Mobile: 0413 716 557
Email: matthew@scanpc.com.au

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