Nanango, Queensland

2145ML - STARTER MOTEL SHOWING OVER 34% ROI

LEASEHOLD $320,000 WIWO

Property Description

- Situated in the centre of town, directly opposite the RSL Club.

- All units have been repainted.

- 16 units in total with a mixture of queen, twin and family rooms.

- Undercover parking for all units.

- Covered barbeque area.

- 23 years remain on the lease from May 2021.

The owner's accommodation comprises of three bedrooms, air conditioning, all with built-ins, large living area with air conditioner and wood fireplace.

In the CBD, this is all about position, position, position. Walk to it all, conveniently located opposite the RSL, you don’t need to provide the food, you just look after the accommodation and the guests.

Opportunities in the middle of town and as a true B&B are very rare and safe businesses. This is a real opportunity for you to make your mark, enjoy the spacious residence and have a life balance with a strong business.

Catering for elderly and disabled guests, you have the opportunity to enhance the breakfast offering and benefit from the flexible room configurations. Guests are able to use the chargeback facilities with the RSL Club and meal vouchers can easily be issued at an agreed capped amount.

For the longer term stays and tradies, the property offers and undercover area where tradespeople can prepare their own meals. They also offer a barbeque, microwave, toaster, fridge, kettle with crockery and cutlery.

Net Profit: $115,068 for 2020/21

Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2145ML (quote when enquiring)

Property Code: 3896

Property Summary

Motel Information

Marketing Agent
Richard O'Connell
Richard O'Connell

Listing location
Gallery

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