Queensland
Rare Passive Investment Motel Opportunity
Freehold Passive Investment $945,000
Business Description
Rare Passive Investment Motel Opportunity.
The freehold passive investment of this solid performing motel, located in a diverse coastal Queensland town is now available for sale.
** Priced to sell at $945,000 offering a 7.4% ROI on the asking price **
The property features:
* 12 well presented units
* BBQ area with pool
* 2 bedroom residence
* Excellent corner block position
* High profile location on main road
* New 30 year lease
* Annual commencing rent $70,000 + GST (36% of the total Net Profit of the business)
* The new lessee is an experienced operator looking to increase the business trading from the current level.
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: -
Key Investment Insights
1. Rare opportunity to purchase a passive investment motel in a diverse coastal Queensland town.
2. Priced to sell at $945,000, offering a 7.4% ROI on the asking price.
3. Property features 12 well-presented units, BBQ area with pool, and a 2 bedroom residence.
4. Excellent corner block position and high profile location on main road.
5. New 30-year lease in place.
6. Annual commencing rent of $70,000 + GST, representing 36% of the total Net Profit of the business.
7. Experienced operator as the new lessee, looking to increase business trading from current levels.
8. Compiled by Queensland Tourism & Hospitality Brokers (QTHB) from reliable sources.
9. Interested parties should conduct their own enquiries.
10. Motel information includes 12 total rooms and sale type is not specified.
