Key Investment Insights
AI generated. Confirm details with the seller.
1. Well-appointed rooms: The motel features 11 well-appointed rooms, providing comfortable and attractive accommodation for guests.
2. Central location: The motel is situated in a central city area, making it convenient for guests to access shops and restaurants.
3. 3-bedroom residence: The property also includes a 3-bedroom residence with a lounge and kitchen, providing a comfortable living space for the owners.
4. Ample off-street parking: The motel offers ample off-street parking for guests, ensuring convenience and ease of access.
5. Rapid growth area: The motel is located in a rapidly growing area with strong investment and industry, providing potential for continuous business growth.
6. Well-maintained property: All buildings and property are well maintained and presented, creating a positive impression for guests.
7. Opportunity for growth: With all systems in place, the motel offers an opportunity for a new owner to add improvements and reap the rewards of their efforts.
8. Ideal for first-time operator: The motel is ideal for a first-time operator or someone looking to wind down and enjoy a consistent income.
9. Convenient location: The motel is within easy walking distance to all CBD facilities, making it attractive to guests.
10. Improving trade: The town is starting to see an improvement in trade, making it an ideal time to purchase the motel.
11. Net Profit: The projected net profit for 2022/23 is $27,297, providing a solid return on investment for the new owner.
