Goondiwindi, Queensland
Exceptional Leasehold Motel in Qld
SOLD
Business Description
We are very pleased to have been appointed Exclusive agents to market the leasehold interest of this Motel in Qld.
It has a very solid trading history, consistently high occupancy rates and very low maintenance, this is a very rare opportunity to enter the Motel market, in a very tightly held and safe Motel town.
The owners of 10 years have spared no expense in preparing this 16 room 3.5 star property to allow a new tenant to continue the high growth trend it has been achieving.
There are 23 years left on the lease and the net –rent ratio is among the best that you will find.
The owner’s residence is a stand alone home that features 4 bedrooms, bathroom, living room with office and separate lounge room plus a great outdoor entertaining area. The front office is accessed directly from the residence.
This is a very solid business with great location and financials.
Don’t miss this opportunity, a must to inspect.
Business Summary
Key Investment Insights
1. Highly profitable and successful motel business with a solid trading history.
2. Consistently high occupancy rates and low maintenance costs.
3. Rare opportunity to enter the tightly held and safe motel market.
4. Owners have invested in maintaining and improving the property for the next tenant.
5. Long lease term of 23 years remaining.
6. Favorable net-rent ratio compared to other similar properties.
7. Spacious and well-maintained owner's residence with 4 bedrooms and outdoor entertaining area.
8. Convenient access to front office from the residence.
9. Prime location with strong financials.
10. Must-see opportunity for anyone looking to enter the motel industry.
