Key Investment Insights
AI generated. Confirm details with the seller.
1. Good rent ratio available for incoming leasehold tenant, making it a financially attractive opportunity.
2. Property has a successful track record as a budget motel and backpackers, indicating potential for continued success in the future.
3. Two separate seasons - winter for tourism and spring/summer for fruit pickers/workers, providing a diverse customer base.
4. Opportunity for a clever operator to develop other income streams, potentially increasing profits.
5. Onsite amenities such as a pool, games room, camp kitchen, and volleyball court, providing added value for guests.
6. Plenty of storage and room for large vehicles onsite, catering to a variety of travelers.
7. Basic four bed manager's house, providing accommodation for the owners.
8. Attached office, commercial kitchen, reception, bar, and common room, providing a complete business setup.
9. Realistic opportunity to make money and create serious capital growth, making it a potentially lucrative investment.
10. Negotiable lease term of 15-25 years, providing flexibility for the new owner.
11. Property has performed well during the current climate, indicating resilience and potential for future success.
12. Realistic price in today's market, making it an attractive opportunity for potential buyers.
13. Serious sellers looking for a quick sale, making it a time-sensitive opportunity.
14. Strong turnover of $514,206 for 10 months to Sept 2020 and $587,911 for 2018/19, indicating a profitable business.
