Caboolture, Queensland
Fantastic Leasehold Motel North of Brisbane
SOLD
Business Description
Modern 19 unit motel, only 10 years old
Renovations to all rooms.
Two bedroom manager's residence.
Great location, close to major highway and train station.
This 19 room Best Western Motel is conveniently located in the centre of Town and only a short drive to Brisbane, accessible by bus, train and for those that prefer to drive, provides free UNDERCOVER PARKING. Designed to meet the needs of the distinguished corporate, the leisure traveler and family groups. This Best western Motor Inn offers a variety of luxury accommodation to suit all your needs and with there recently completed luxurious makeover an added bonus .
It has 10 corporate executive luxury studios, two two bedroom suites, a variety of family studios and a luxurious honeymoon spa suite. The accommodation is all ground level with undercover parking for convenience. All studios are equipped with kitchenettes which include a cook top and microwave.
New 30 year lease at settlement.
Net profit :$232,407
Business Summary
Key Investment Insights
1. Modern 19 unit motel, only 10 years old.
2. Recently completed renovations to all rooms.
3. Includes a two bedroom manager's residence.
4. Convenient location, close to major highway and train station.
5. Accessible by bus, train, and car with free undercover parking.
6. Designed to meet the needs of corporate, leisure, and family travelers.
7. Offers a variety of luxury accommodation options.
8. Ground level accommodation with undercover parking for convenience.
9. All studios equipped with kitchenettes.
10. New 30 year lease at settlement.
11. Net profit of $232,407.
