Childers, Queensland
2302ML - Leasehold – 3 hours north of Brisbane
SOLD
Business Description
19 unit leasehold motel located on large one acre level grounds
Very large three bedroom family home with en suite, kitchen, garage, pool, etc.
Separate motel kitchen for evening meals to rooms as required.
13 units have recently been refurbished, all signage also replaced
Lease in excess of 20 years with very low rental ratio (17.7 %)
Motel trade and turnover has increased over last 3 years with 2013 ahead to March
Well priced and also well located on Bruce Highway town fringe.
You will have no problem ticking all the boxes on this one when you inspect.
Property Code: 595
Business Summary
Key Investment Insights
1. 19 unit leasehold motel with potential for growth
2. Located in a popular tourist area, 3 hours north of Brisbane
3. Large one acre level grounds with potential for expansion or development
4. Very spacious three bedroom family home with modern amenities
5. Separate motel kitchen for evening meals, providing additional income opportunities
6. Recent refurbishments and new signage add value to the property
7. Long-term lease with low rental ratio, providing stable and profitable investment
8. Consistent increase in trade and turnover over the past 3 years
9. Well-priced and conveniently located on the Bruce Highway town fringe
10. Well-maintained and well-equipped property, ready for immediate operation and success.
