New South Wales

EXCITING NEW LEASEHOLD: PROFIT $393,608 - YIELDING 53%!!! LOW RENT - WESTERN AREA

SOLD

Business Description

*2023 Tenants Adjusted Net Profit of $393 608 based on 2023 Tax Return
*2023 Turnover $720 616 Occupancy 61.9% Average room rate $132.90 (ex GST)
* 2023 Rent of $113 636 represents only 22% of total adjusted net profit. Rent is annually CPI adjusted with a rent review after each 5 year option..
*Comfortable 3-bedroom residence, with large lounge and covered outdoor area.
*24 ground unit motel, large reception and swimming pool.

Business Summary

Marketing Agent
Jim McDonald
Jim McDonald

Jim McDonald Brokers

Jim McDonald Brokers

Key Investment Insights

1. Profit of $393,608 based on 2023 Tax Return
2. Yield of 53%
3. Low rent in Western area
4. Tenants Adjusted Net Profit is based on 2023 Tax Return
5. Turnover of $720,616 in 2023
6. Occupancy rate of 61.9%
7. Average room rate of $132.90 (ex GST)
8. Rent of $113,636 represents only 22% of total adjusted net profit
9. Rent is annually CPI adjusted with a rent review after each 5 year option
10. Comfortable 3-bedroom residence with large lounge and covered outdoor area
11. 24 ground unit motel
12. Large reception and swimming pool.
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

 Cobb & Co Court Boutique Hotel Leasehold Business For Sale
Ras360
Cobb & Co Court Boutique Hotel Leasehold...

MUDGEE

$800,000 - Leasehold

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

OUTBACK MOTEL OASIS WITH SOLID RETURNS - 1437ML
Tourism Brokers
OUTBACK MOTEL OASIS WITH SOLID RETURNS -...

WARREN

LEASEHOLD $600K - $650K

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

True Money Earner - 2834ML
FOR SALE BY EXPRESSIONS OF INTEREST - Goulburn Central Motel NSW - 1P0509
West Coast Gold – Be in for Next Summer!
Milkwood Lodge – Cooktown FHGC.
Prime Management Rights in Taringa - Body Corporate Salary 83% of Total Income! | Resort Brokers ID : MR008694
Coorrabin Motor Inn - 1P6229
Ragtime Tavern - 1P6362
Permanent Villa Caretaking!!!
A GOLDEN OPPORTUNITY IN THE HEART OF THE BRISBANE OLYMPIC FESTIVITIES
Luxury Lodge & Investment Opportunity - New Zealand
Best freehold going concern lifestyle business on the market
No Office Hours, High Returns, Low Maintenance – Business-Only MLR in Prime Chermside
Charming 9-Room Motel – Ideal Entry-Level Opportunity with Growth Potential | Resort Brokers ID : LH008699
Upscale Rainforest Retreat in Prime Sunshine Coast Hinterland Location | Resort Brokers ID : FH008691
Syndicate Potential!!
Come See the Sea!!
Elegant, Stylish and Immaculate!!!
Large Income and Permanent MR Business in Biggera Waters