Leasehold Motel or Freehold Going Concern

Key Investment Insights

AI generated. Confirm details with the seller.

1. The property and business offer an excellent opportunity for an investor or operator.
2. The net profit is approximately $133,000.
3. The property is located close to the beach.
4. The business has 14 one bedroom ensuited rooms and a 3 bedroom managers residence.
5. The sale of the leasehold business only is also an option.
6. The land size is 1,305 sqm.
7. There is potential for an increase in both net income and capital gain on the freehold property.
8. The property is well positioned.
9. The sale price is not disclosed.
10. The managers unit has 3 bedrooms, 2 bathrooms, and an office on title.
11. Pets are not allowed.
12. The complex type is not specified.
13. The motel has 14 rooms and is rated 3 stars.
14. The property does not have a liquor license.
15. There is no restaurant on site.
16. The sale type is freehold.
17. The lease term is 30 years.