Ingham, Queensland
NEW 30 YEAR LEASE ON 19 ROOM MOTEL SHOWING 45% RETURN IN NORTH QUEENSLAND
SOLD
Business Description
We are very pleased to offer for sale, the leasehold interest of the Motel Ingham in North Queensland.
On offer is a very well presented Motel with a new 30 year lease at settlement.
The property comprises 19 ground floor rooms, and presents as a high quality Motel.
Enjoying a high level of repeat guests, occupancy continues to grow in this property. A beautifully presented Motel, a great lifestyle awaits new owners.
There are beautifully landscaped gardens and a BBQ area available and undercover parking for all guests.
With consistent and growing occupancy and revenue, this Motel will suit all buyers wanting to enter the very solid market in North Queensland.
This property would be ideal for newcomers to the market, or ex[erienced operators looking to wind down in a very profitable business.
Business Summary
Key Investment Insights
1. Well-presented motel with high quality rooms and amenities.
2. New 30-year lease at settlement.
3. Consistent and growing occupancy and revenue.
4. High level of repeat guests.
5. Beautifully landscaped gardens and BBQ area.
6. Undercover parking for all guests.
7. Ideal for newcomers to the market or experienced operators looking to wind down.
8. Located in a solid market in North Queensland.
9. 19 ground floor rooms.
10. Opportunity for a great lifestyle for new owners.
11. Potential for further growth and development.
12. Profitable business with a 45% return.
13. Suitable for a range of buyers.
14. Motel is in a prime location with easy access to local attractions.
15. Strong market demand for accommodation in the area.