Queensland
Coastal Freehold Motel
Freehold $1,295,000
Business Description
* 12 ground floor motel units that have been renovated and present well
* Comfortable 2 bedroom residence behind reception
* Includes inground swimming pool and BBQ area
* No food preparation - accommodation only
* Solid brick/block construction
* Approx 1,800sqm corner site on main road with exposure to large amount of traffic
* Five minute drive to beautiful tropical beaches.
* Occupancy circa 68% FY24 YTD
* Easily operated by one person or a couple thereby offering a great lifestyle for the owner
* High Net Profit with an excellent ROI available
Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.
Business Summary
Motel Information
Total Rooms: 12Restaurant: NoSale Type: Freehold
Key Investment Insights
1. Well-maintained and renovated 12 ground floor motel units
2. Includes a comfortable 2 bedroom residence behind reception
3. Amenities such as an inground swimming pool and BBQ area available for guests
4. No food preparation required, focusing solely on accommodation
5. Solid brick/block construction for durability and low maintenance
6. Prime location on a corner site with exposure to high traffic
7. Close proximity to beautiful tropical beaches
8. High occupancy rate of 68% for the current financial year
9. Easily operated by one person or a couple, offering a desirable lifestyle for the owner
10. High net profit and excellent return on investment available.