Chinchilla, Queensland
1952ML - High Quality 4 star Motel with Real Opportunity for Growth!
SOLD
Business Description
- Quality 16 room, 4 star AAA rated motel.
- Good sized rooms that are very well appointed.
- Undercover parking for all rooms.
- New 30 year lease on settlement.
- Excellent rent ratio.
- Spacious 2/3 bedroom, 2 bathroom residence.
- Occupancy rates increasing.
- Newly installed Large solar system 37Kw.
- Minimal maintenance going forward.
- Inspections by appointment only.
On offer is a new 30 year lease of this high quality 4 star motel in the busy town of Chinchilla, in the western downs region of Queensland. Located on the Warrego Highway, centrally located and just a few minutes' walk to most facilities in Chinchilla.
The 16 rooms are spacious and very well appointed. All rooms have adjacent undercover parking, split system air conditioning, free high-speed broadband internet and Foxtel entertainment viewed on the recently installed flat screen smart televisions.
The residence has a large living area with two to three bedrooms, two bathrooms and a large commercial kitchen.
You cannot fail to be impressed as you walk or drive into this property. This welcoming motel is spotless and offers a genuine opportunity for a couple to owner operate and improve the bottom line going forward.
Chinchilla is located approximately 300km north west of Brisbane along the Warrego Highway, the second township after Dalby within the Western Downs region. The Warrego Highway is a major through route for traffic heading East and West, in fact it is the main road for traffic travelling between Brisbane and the Northern Territory.
Inspections by appointment only.
Net Profit $134,929 for 12 months
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1952ML (quote when enquiring)
Property Code: 3251
Business Summary
Key Investment Insights
1. High quality 4 star motel with excellent ratings and reviews.
2. Undercover parking available for all rooms.
3. New 30 year lease on settlement.
4. Excellent rent ratio.
5. Spacious 2-3 bedroom residence with 2 bathrooms.
6. Increasing occupancy rates.
7. Newly installed large solar system.
8. Minimal maintenance required.
9. Inspections by appointment only.
10. Prime location on the Warrego Highway in Chinchilla.
11. Spotless and welcoming property.
12. Opportunity for a couple to owner operate and improve profits.
13. Located on a major through route for traffic travelling between Brisbane and the Northern Territory.
14. Net profit of $134,929 for 12 months.
15. Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
16. Property ID: 1952ML (quote when enquiring).
17. Property Code: 3251.
