Injune, Queensland

Go West for 22% ROI !!!!

$1,110,000

Property Description

Freehold going concern of 26 Units - current occupancy under 40% allows for plenty of growth potential associated with future natural gas exploration and development, major inland freight route road upgrade plus tourism opportunities currently not being pursued.

Net Profit $244,201 in 2020-21 with some months Covid affected

• July - Sept 21 - income has increased over 24% on same period last year
• Centrally located in the town on ¾ acre of land with 3 street frontages
• Excellent repeat customer base
• Guests can walk to several dining options, eat in-house or prepare their own food in the popular rustic “Outstation” area
• Excellent room options include single, pet friendly, standard, family and free standing bungalow with verandah
• No shortage of very capable local staff to assist with everything from cleaning through to relief management

If you’re planning a future around the motel industry you may as well get the best return for your efforts! This motel can provide that.

Can be purchased in two entities:

1. Land and buildings – will provide 12% plus yield for investor or S.M.S.F.

2. Business – will provide 45% yield for operator after rent and expenses.

A full summary including 3 years Accountant’s figures will be provided to qualified purchasers.

Property Summary

Business Snapshot

Price: $1,110,000 Net Profit: $244,201

Motel Information

Total Rooms: 26Lease: Freehold

Other Features / Notes

Dining Area/Communal Kitchen
Marketing Agent
Frank Miller
Frank Miller

Listing location
Gallery

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