Ormiston, Queensland

This motel has proven itself to be as 'COVID-proof ' as a property can be! | Resort Brokers ID : LH006710

$550,000

Property Description

The Cleveland Motor Inn is one of the busiest motels in Redlands and in fact in Greater Brisbane.
The business is tracking to exceed a financial year profit of $190k based on the last 9 months of actual trading results.
A remarkable achievement to grow revenue regardless of the challenges of the last 12 months!



  • Growth business despite COVID!

  • Situated just out of the rat race of Brisbane but close enough to get your share of business

  • Should exceed $190k in profit for the FY based on current trade

  • Nothing to spend, property is in great condition and no major capital works needed

  • Strong and consistant revenue of occupancy

  • Priced to sell with 11 years left on the lease

  • Property inspection are by appointment only

Date updated: 02 Jun 2021 13:00:06

Property Summary

Business Snapshot

Price: $550,000 Net Profit: $191,220

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Marketing Agent
ResortBrokers
ResortBrokers

ResortBrokers

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