Gayndah, Queensland

Very affordable freehold going concern Motel

Price $910,000 plus SAV (ROI 15%) now ROI 18.63%

Property Description

*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.

Property Summary

Motel Information

Total Rooms: 9Liquor Licence: NoRestaurant: NoLease: Freehold
Marketing Agent
Lindsay Cooper
Lindsay Cooper

Listing location
Gallery

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