Oakey, Queensland
GREAT LEASEHOLD MOTEL, 11 ROOMS SOUTH EAST QLD.
SOLD
Business Description
We are very pleased to present the leasehold interest of this delightful Motel in Oakey, in S.E Qld.
This 11 room property has been tastefully renovated and presents in excellent condition.
There is no restaurant and can easily be run by one with help from cleaners.
There are chargeback arrangements in place for the guests.
This is a true B&B Motel and all within walking distance to the CBD.
A superb leasehold motel in a very sought-after location only 20 minutes to Toowoomba.
The present owners of the Motel have spent a considerable amount on upgrading the property over the past years.
A further increase in T/O is expected following these significant Changes.
A great starter Motel with good returns and little work.
Currently managed by a single person.
Business Summary
Key Investment Insights
1. Located in a highly desirable location in Oakey, South East Queensland.
2. Recently renovated and in excellent condition.
3. 11 rooms with no restaurant, making it easy to manage with minimal staff.
4. Chargeback arrangements in place for guests.
5. Walking distance to the CBD.
6. Only 20 minutes from Toowoomba.
7. Significant upgrades have been made by current owners, leading to expected increase in turnover.
8. Good returns and minimal work required.
9. Currently managed by a single person.
10. Ideal for a first-time motel owner.
11. Potential for further growth and development.
12. Strong demand for accommodation in the area.
13. Well-maintained and attractive property.
14. Opportunity to add additional services or amenities.
15. Favorable lease terms.
16. Established customer base.
17. Supportive and friendly community.
18. Potential for owner-operator to increase profits.
19. Close to major highways and tourist attractions.
20. Good potential for future resale value.
