Profitable Motel on freehold acre with further development potential
Contact agent for further information
Unique opportunity to purchase an easy to run business and freehold property minutes to Buderim, Mooloolaba and Maroochy City Centre. The Fiesta Motel is a seven room motel with council approval for another 5 rooms. Plans have also been prepared to add an additional 11 rooms which would take the motel to a total of 23 rooms.
• Prime Main Road Position
• Easy business with strong year on year growth
• Council Approval to increase capacity by 85%
• Plans for additional 14 units
• 4265 sqm in sought after Tanawha
• 10 minutes to Mooloolaba Beach and Maroochy Town Centre
• 1.8 kms to M1, Bruce Highway
• Fully renovated luxurious managers residence.
• Tropical gardens surrounding guest pool and gazebo
• 100% occupancy
Motel InformationTotal Rooms: 7Restaurant: NoLease: Freehold