Key Investment Insights
AI generated. Confirm details with the seller.
Key Insights:
1. Net profit of $600,000 shows strong financial performance and potential for growth.
2. Excellent location near CBD, airport, and major sporting stadiums makes it a desirable choice for both tourists and business travelers.
3. Close proximity to Eagle Farm racecourse and international cruise ship terminal adds to its appeal.
4. 32 modern and soundproofed rooms with various occupancy configurations cater to a wide range of customers.
5. The 1,900m2 land includes a one bedroom Manager's unit, providing convenient on-site accommodation for the owner.
6. Well-maintained buildings and facilities, including complimentary undercover parking, swimming pool, and spa suites, contribute to the overall appeal of the business.
7. Popular among both tourists and business travelers, the business has a steady stream of customers and a strong reputation.
8. The complex is classified as a holiday complex and has a 4-star rating, indicating high-quality facilities and services.
9. The complex has a total of 33 units, with 32 units in the letting pool and 1 Manager's unit.
10. Additional amenities such as a pool, spa, and pay TV add value to the business and attract more customers.
11. The motel has a liquor license, providing an opportunity to increase revenue through a restaurant or bar.
12. The sale type is freehold, giving the new owner full ownership of the property and business.
