Queenstown, Tasmania
24 Room FHGC Best value Tasmanian Motel $1,250,000 negotiable
$1,250,000 negotiable+SAV
Business Description
Hard to find 24 room motels at this price, excellent presents, with strong repeat business and plenty of upside.
Freehold going concern, including all plant and equipment, business and stock in trade.
Main street frontage with attractive presentation, reception adjoins the two bedroom managers quarters, Minimum 60 seat restaurant is serviced by a very well equipped commercial kitchen. Twenty Four ground and first floor en-suite rooms of varying configuration, ample onsite parking, public/guest laundry and public/commercial laundry.
The attractive spacious licensed restaurant over looks the main street.
Ideal entry level motel for a working couple, with an insurance replacement value of three times the asking price.
If you have found it difficult sourcing an affordable motel, then this certainly could well suite, profitable and well presented.
Perfect investment, operate for a while then lease the business and have a passive income.
Wait and you will miss out, ph Paul Scott on ---------- , email ---------- een Pant on ----------
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
NOTE: All figures are approximate.
Business Summary
Key Investment Insights
1. Affordable price for a 24 room motel with strong repeat business and potential for growth.
2. Freehold going concern with all plant and equipment included.
3. Main street frontage and attractive presentation.
4. Two bedroom managers quarters and ample onsite parking.
5. Well-equipped commercial kitchen and licensed restaurant.
6. Ideal for a working couple or as a passive income investment.
7. Insurance replacement value of three times the asking price.
8. Potential to lease the business for a passive income.
9. Opportunity for profitable and well-presented business.
10. Interested parties should conduct their own investigations and not rely solely on statements made by the vendor.
11. All figures are approximate.
