Key Investment Insights
AI generated. Confirm details with the seller.
1. The current owners have made significant improvements to the motel, resulting in well-maintained and attractive rooms.
2. The motel has a good length lease of 25 years.
3. The property includes 13 well-fitted rooms and 2 self-contained villas.
4. The large upstairs residence with private backyard is a desirable feature.
5. The property has lovely gardens, undercover parking, and can accommodate larger vehicles.
6. The rent is realistic and the motel is easy to manage.
7. The motel has a good repeat clientele and is popular among tradies.
8. There is potential for further growth and profitability with the implementation of additional systems.
9. This is an ideal opportunity for first-time motel owners.
10. Motels in this price bracket are in high demand and do not stay on the market for long.
11. The projected turnover for the upcoming year is $353,645 (GST excl).
12. The projected net profit for the upcoming year is $125,244.
13. Interested buyers can contact Tony Johnson from Tourism Brokers for more information or to arrange an inspection.
14. The property ID for this listing is 1897ML.
15. This is a great opportunity for buyers looking to enter the motel industry with a well-maintained and profitable property.