Caboolture, Queensland
4 STAR MOTEL LEASE BRISBANE AREA
SOLD
Business Description
We are very pleased to have been appointed Exclusive agents to market the leasehold interest of this Motel Lease located 40 minutes north of bribane .
With a very solid trading history, consistently high occupancy rates and low maintenance, this is a very rare opportunity to enter the Motel market, in a very tightly held and safe Motel town just north of Brisbane.
The owners have spared no expense in preparing this 26 room 4 star property to allow a new tenant to continue the high growth trend it has been achieving.
All 26 rooms are well furnished, spacious and have a variety of rooms available to cater for all needs, with corporate accommodation to family rooms, disability access and spa suites.
A new 30 year lease on offer and the net –rent ratio is among the best that you will find.
The owner’s residence features 4 bedrooms, bathroom, living room with office and separate lounge room. The front office is accessed directly from the residence.
Net Profit 2017 $309,000
Business Summary
Key Investment Insights
1. Rare opportunity to enter the tightly held and safe Motel market just north of Brisbane.
2. Consistently high occupancy rates and low maintenance make this a profitable business.
3. 26 well-furnished and spacious rooms catering to a variety of needs.
4. New 30-year lease on offer.
5. Net-rent ratio is among the best in the market.
6. Owner's residence features 4 bedrooms, bathroom, living room with office and separate lounge room.
7. Front office is directly accessed from the residence.
8. Solid trading history with high growth trend.
9. Owners have spared no expense in preparing the property for a new tenant.
10. Corporate accommodation, family rooms, disability access, and spa suites available.
11. Net profit of $309,000 in 2017.
