Very affordable freehold going concern Motel
Price $910,000 plus SAV (ROI 15%) now ROI 18.63%
*First time offered in 12 years
*Superbly presented 9 room Motel very easily run by 2 person management team.
*Consistent year on year turnover
*Opportunity for additional development (STCA) on 50% of a 4,047 sqm(approx.) allotment
*Spacious/ modern living accommodation
*Continually refurbished and updated by owners over the past 12 years
*Net $169,633 per annum (30/6/2021 financial year) and a very steady and well performing business over time.
Inspections strictly by appointment with Excusive Agents Ward Commercial Hotels.
Motel InformationTotal Rooms: 9Liquor Licence: NoRestaurant: NoLease: Freehold