Stanthorpe, Queensland

Fully Renovated Motel in SE QLD Tourist Zone. 30% ROI - 1P4374M

Leasehold $695,000

Property Description

Southern QLD Leasehold Motel for Sale, exclusive to CRE Brokers.

A well located extremely well presented, totally renovated motel in a tourist hotspot & strong corporate trade.

. 20 ground floor rooms all with undercover parking
. Large 3-4 bedroom, 2 bathroom residence and spacious outdoor area
. First motel entering town from Brisbane, Gold Coast & Toowoomba
. Only motel in town with a restaurant, suitable for corporates and coaches
. Consistently strong trading figures, $775,000 average, 2021 trade > $1,000,000
. Long lease, with low rent of $132,000
. Plenty of room to increase business

Property Summary

Motel Information

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:QLD - Southern
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