2040ML - IDEAL FAMILY LEASEHOLD MOTEL WITH MULTIPLE UPSIDE OPPORTUNITIES
LEASEHOLD $439,000 + sav
- 15 well-appointed rooms
- Massive 5 acre land area
- Stand-alone Licensed Restaurant and Bar
- Genuine upside opportunity to improve and/or diversify
- Grapevine area is approximately 2.5 acres
- Large 4 bedroom 2 bathroom residence ideal for a family
- Consistent trade
- Well worth an Inspection.
This is a great leasehold opportunity for those looking to secure a consistent performing motel with substantial upside in a country location, yet within easy access to the coast and Brisbane.
The motel is located on a large level five acre site. There is now approval for new road access to the motel in the near future.
There are 15 quality units offering a good variety of room styles to suit all guest needs and all units have full undercover parking directly outside. The motel is rated at 3.5 star and all units present in very good condition.
The owner’s residence is a large four bedrooms, two bathrooms with spacious living areas together with a full kitchen and direct access to the reception and back-office area.
There is a free standing and refurbished restaurant with large separate licensed bar and seating for up to 60 guests. It has a reverse cycle air conditioner for year-round comfort plus an open fireplace for winter enjoyment.
Previously a winery, there is a substantial grapevine area (2.5 acres).
For a country located motel, with room for the largest of families, scope to further improve and diversify this motel is well worth an inspection.
Net Profit: $150,538 for 2020/21
Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2040ML (quote when enquiring)
Property Code: 3757