Queensland
New 30 Year Leasehold Motel
Leasehold $350,000
Business Description
* 12 unit motel with self contained units
* Well presented - largely block and brick construction
* Inground swimming pool with undercover BBQ area
* Excellent main road position with large frontage and undercover parking
* Operated by husband and wife team
* No food preparation
* Accountant's Financial Statements available to genuine enquiries
* New 30 year lease available
* Potential to increase trading of the business
* Current owner selling after long term ownership
* Net Profit After Rent circa $135,000 (FY24 based on YTD) - high return on investment with low commencing rental
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: 12Sale Type: LeaseholdLease Term: 30 years
Key Investment Insights
1. 12 unit motel with self contained units
2. Well presented - largely block and brick construction
3. Inground swimming pool with undercover BBQ area
4. Excellent main road position with large frontage and undercover parking
5. Operated by husband and wife team
6. No food preparation
7. Accountant's Financial Statements available to genuine enquiries
8. New 30 year lease available
9. Potential to increase trading of the business
10. Current owner selling after long term ownership
11. Net Profit After Rent circa $135,000 (FY24 based on YTD) - high return on investment with low commencing rental
