Kilcoy, Queensland

PRICE REDUCED on this Prominent Motel in a Picturesque Growth Area of the State - 1P5435M

SOLD

Business Description

Kilcoy Motel has great appeal. It is a well established business with a generous return and high occupancy rates, demonstrating resilience over the last couple of years. The growth in the area and the current trend of people escaping the busy cities will only further enhance this business.

There are 11 Units of varying sizes, three being very spacious 3 bedroom dwellings. All are well maintained and situated on a large 3235m2 parcel of land. The manager's residence is a new 3 bedroom, 2 bathroom house with a large enclosed backyard.

Kilcoy Motel offers the perfect opportunity for a couple to own a low maintenance, very manageable business in a growth industry.

Business Summary

Marketing Agent

Susan Crowe

CRE Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Well established business with a generous return and high occupancy rates
2. Resilience shown over the last couple of years
3. Located in a picturesque growth area of the state
4. Potential for further growth with the current trend of people escaping busy cities
5. 11 units of varying sizes, including spacious 3 bedroom dwellings
6. All units well maintained
7. Situated on a large 3235m2 parcel of land
8. Manager's residence is a new 3 bedroom, 2 bathroom house with a large enclosed backyard
9. Perfect opportunity for a couple to own a low maintenance, manageable business
10. Located in a growth industry
11. Potential for additional income streams such as offering catering services or partnering with local tour companies.