1. Prime location: The Shady Rest Motel is located in Gympie, Queensland, a popular tourist destination in South East Queensland.
2. High occupancy: The motel has a strong occupancy rate of over 75%, indicating a high demand for accommodation in the area.
3. Long lease: The leasehold interest for the motel is being offered, providing the new owner with a long-term investment opportunity.
4. Well-presented property: The entire property is well-maintained and presents in excellent condition, with 4 of the rooms being only 4 years old.
5. Convenient location: The motel is set back one block from the highway, providing a quiet and peaceful stay for guests.
6. Diverse room options: The motel offers 18 rooms, providing a variety of options for guests, including 4 newer rooms.
7. Strong tariff: The motel has a strong tariff, indicating a high demand for the accommodation and potential for good returns.
8. Low rent ratio: With a strong occupancy rate and high tariff, the rent ratio for the motel is low, making it a financially sound investment.
9. Potential for growth: With its prime location and strong occupancy rate, there is potential for the motel to continue to grow and increase profits.
10. Ideal investment opportunity: The Shady Rest Motel presents a great investment opportunity for those looking to enter the hospitality industry or expand their portfolio.