Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime location: The motel is situated in a central city area, close to shops and restaurants, making it easily accessible for guests and providing convenience for their stay.
2. Well-appointed rooms: The 11 motel rooms are well-maintained and presented, providing a comfortable and enjoyable stay for guests.
3. Additional residence: The 3-bedroom residence with a lounge and kitchen provides an opportunity for the owner to live on-site and manage the motel, reducing overhead costs.
4. Ample parking: The motel offers ample off-street parking for guests, providing convenience and security for their vehicles.
5. Rapid growth area: The Gladstone CBD is a rapidly growing area with strong investment and industry, providing potential for continuous business growth.
6. Well-maintained property: The buildings and property are well-maintained and presented, ensuring a positive experience for guests and maintaining the value of the investment.
7. Long lease: The lease has 28 years remaining, providing stability and security for the new owner.
8. Strong rental return: With a solid 7.5% net return, this motel offers an excellent investment opportunity for potential buyers.
9. High visibility: The motel is situated on a main arterial road with high visibility to all traffic, increasing its exposure and potential for attracting guests.
10. On-site amenities: The motel offers an inground pool and outdoor seating for guests to enjoy during their stay, enhancing their experience and satisfaction.
11. Experienced broker: The sale is being managed by an experienced broker, providing potential buyers with professional guidance and assistance throughout the process.
