Childers, Queensland
VERY WELL PERFORMING LEASEHOLD MOTEL IN QUEENSLAND, LOW RENT RATIO! SHOWING OVER 33% ROI.
SOLD
Business Description
This very well presented Motel is conveniently located at the Southern entry to Childers on the main Bruce Highway. It's in a quiet location with mountain views as its backdrop. Close to Schools, Hospital, Historical CBD, Wineries, and the popular Reptile Park & Bird Sanctuary.
There are 19 spacious rooms, with 13 already refurbished. The Motel is Fully Licensed and Meals are prepared in a fully operational Commercial Kitchen.
There is a purpose built Meals area or Breakfast & Dinner available by room service.
All rooms have a patio and carparking directly in front of them. Run by Husband & Wife team with the help of casual Cleaners.
The Motel is well presented and maintained, and boasts a huge 3 Bedroom Residence adjoining the Reception area. There is a large back Office, an Ensuite to Main Bedroom and a two-way Bathroom servicing the other 2 Bedrooms.
The Motel has traded extremely well throughout the COVID period and will continue to show a new owner great returns.
Inspection is highly recommended.
Business Summary
Key Investment Insights
1. Convenient location on main highway with easy access to local attractions and amenities.
2. Quiet and peaceful setting with mountain views.
3. Well-maintained and presented property with 19 spacious rooms, 13 of which have been recently refurbished.
4. Fully licensed with a commercial kitchen and option for room service.
5. Strong financial performance with over 33% ROI.
6. Run by a husband and wife team with the help of casual cleaners.
7. Large 3 bedroom residence attached to the reception area.
8. Traded well during COVID period and expected to continue to do so.
9. Highly recommended for inspection.