Key Investment Insights
AI generated. Confirm details with the seller.
1. Renovated 19 room motel with reported adjusted net profit of $131,866.
2. Occupancy is currently 42%, providing scope for a motivated leaseholder to improve operations and income.
3. A 23 year lease and low rent per room support long term operating stability.
4. Apartment style rooms feature separate ensuited bedrooms, lounges, kitchenettes, smart TVs and Wi Fi.
5. Onsite facilities include an undercover camp kitchen, inground pool, guest laundry and private outdoor seating.
6. Located in a regional city, approximately 30 minutes from the coast and 2.5 hours south of the Gold Coast.
7. Returning guests demonstrate loyalty to the individually styled, home away from home accommodation experience.
8. Owners have completed substantial improvements, with nothing further to spend indicated in the listing.