1994MF - CONSISTENTLY PROFITABLE, EASY TO RUN FREEHOLD MOTEL
- Very well maintained and presented 10 unit motel.
- Easily run by one person.
- 4 bedroom, 2 bathroom residence that provides dual living areas.
- Excellent trading motel with no competitors.
- New Solar System installed, bathrooms refurbished, new hot water system.
- Long-time consistent performer.
- Mix of clientele.
- Minimal maintenance going forward.
- Would benefit from owner operators.
- Newly Licensed.
- No tariff increases for some years.
- Opportunity to improve the bottom line by providing evening meals.
- Vacant building site included.
- Well worth inspecting.
- Freehold Motel.
This very well presented 10 unit motel is located just 85 kms inland from Gympie, in the South Burnett district, just over two hours drive from the major centres of Brisbane, Toowoomba, Bundaberg and the Fraser and Sunshine Coasts.
The Motel sits on a large 1,977 sqm corner block and includes two motel wings and a vacant building block. One wing comprises four rooms and the other wing, six rooms, separated by a guest laundry. All rooms have been refurbished to AAA 3.5 star standard. Better still it's the only motel in the area.
There is under cover parking to four rooms and the other eight are covered by new shade sails. There is also a covered area used for outdoor dining.
Boasting long term consistent returns, a new liquor license, minimal maintenance adds up to a great business that can be easily run by a single or a couple.
Other features include a rare four bedroom, two bathroom residence that offers dual living.
A genuine lifestyle business and an opportunity you should not miss! Come and have a look great motel great business.
Net Profit: $254,644 for 2020/21 (vendor supplied)
Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1994MF (quote when enquiring)
Property Code: 4166