Rare as hens teeth, Scenic Rim Freehold Going Concern Motel. | Resort Brokers ID : FH007889
ResortBrokers is thrilled to present the Boonah Motel, a prosperous and well-located 16-room freehold going concern motel, to the market.
The double brick construction provides eight queen and eight twin-room configurations. The presentation and location are perfect, just on the edge of the CBD.
Real upside exists through immediate tariff increases and dynamic pricing. Growing weddings and events in the local area drive occupancy on weekends, with strong corporate and tradies through Monday to Thursday.
Currently run under management with great staff in place. Enquire today to avoid missing out on a once-in-a-lifetime opportunity.
- Strong 70% occupancy rate
- 16 quality rooms run under management
- Room for tariff increases
- Quality two bedroom manager's residence
- Variety of clientele from events corporate, trades and tourism
- Inspections are by appointment only
Date updated: 25 Feb 2024 22:00:15
Price: $2,500,000 FIRM
Net Profit: $320,423