Toowoomba City, Queensland

2618ML - Easy to Run Small Motel in Prime Location

REDUCED LEASEHOLD $320,000

Property Description

- Prime Margaret Street Location, directly opposite the Grammar School.

- 13 units of mixed configuration.

- Easily run by a single or couple.

- Long lease term.

- Consistent performer with good mix of clients.

- Potential to increase the bottom line.

On offer is the Leasehold interest of this 13 Room 3.5 star, motel in the prime location on Margaret Street, Toowoomba and directly opposite the renowned and highly regarded Toowoomba Grammar school.

The motel has a strong business model and has been a consistent performer for many years and boasts regular and a strong clientele base with numerous long-term clients. There is opportunity here for new owner operators to generate very good returns whilst enjoying the lifestyle that this excellent motel town provides.

The two bedroom, bathroom and dual living area residence is comfortable and offers options for a single, couple or small family.

The 13 rooms are well presented and well appointed, providing a low maintenance scenario for a new owner. Guests enjoy access to the covered saltwater pool, barbeque, high speed Wi-Fi and room service meals.

The location of the motel is close to; St Vincent's Hospital, a range of medical centres and clinics, Queens Park, the CBD, TAFE College, Empire Theatre, Encores Restaurant, Cobb & Co Museum, Fairholme College and Prep and the Toosari Art Gallery.

Toowoomba is a major regional town with a growing population of approximately 150,000. The town has high quality private and public schools, major shopping centres and everything else one would expect, and more from a large regional town.

Medically the town boasts excellent hospitals, and the new Wellcamp international ready airport that currently fly’s to Sydney, Melbourne and Townsville is growing rapidly.

Give me a call this motel is worth an inspection.

Net Profit $108,301 for 2018/19 and $61,389 for 2019/20 (vendor supplied)


Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2618ML (quote when enquiring)

Property Code: 3427

Property Summary

Motel Information

Marketing Agent
Tony Johnson
Tony Johnson

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Change your life for only $100,000 deposit. | Resort Brokers ID : LH006784
ResortBrokers
Change your life for only $100,000 deposit....

ROMA

$200,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Very reasonably priced leasehold Motel business only circa 2 hours from Sunshine Coast
Ward Commercial
Very reasonably priced leasehold Motel...

NANANGO

PRICE $330,000 WIWO ROI 34%

Total Rooms: 16
Stars: 3.5
Restaurant Facilities: No
Liquor Licence: No
Restaurant: No

2040ML - IDEAL FAMILY LEASEHOLD MOTEL WITH MULTIPLE UPSIDE OPPORTUNITIES
Tourism Brokers
2040ML - IDEAL FAMILY LEASEHOLD MOTEL WITH...

NANANGO

LEASEHOLD $439,000 + sav

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Bargain Leasehold Hotel in the Centre of a Busy Town! 1P5211
CRE Brokers
Bargain Leasehold Hotel in the Centre of a...

WONDAI

Leasehold $185,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Bargain-Priced Motel Only 30 Minutes from Toowoomba - 1P5161M
CRE Brokers
Bargain-Priced Motel Only 30 Minutes from...

OAKEY

Leasehold $290,000 All Offers Considered

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

1979ML - CASH DEAL WANTED - LEASEHOLD MOTEL
Tourism Brokers
1979ML - CASH DEAL WANTED - LEASEHOLD...

STANTHORPE

Leasehold $300,000 - $400,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

1853ML - A QUALITY MOTEL CLOSE TO MELBOURNE
5 Acres Of Beautiful Country To Live. Caravan Park For Sale.
BOUTIQUE MOTEL on the beautiful Mid North Coast
Eight Spence Motel -  1P5330
293CPF - FREEHOLD MIXED BUSINESS TOURIST PARK
Beachside Living at its Best! | Resort Brokers ID : MR006819
939CPF - FANTASTIC STARTER - BRUCE HWY FREEHOLD MOTEL AND CARAVAN PARK, MACKAY and BRISBANE HALFWAY STOP
Business For Sale - Highly Profitable in Holiday Hotspot - ID 9022 H
2509ML - FANTASTIC STARTER - CHEAP LEASEHOLD WITH UPSIDE
1031CPF - MONEY MAKING OPPORTUNITY RECENTLY UPGRADED
EXCEPTIONAL & UNIQUE MIXED USE BUSINESS OFFERING ON STUNNING MORETON ISLAND!    | Resort Brokers ID : FH006812
Don't miss out on this rare chance to secure an OTP management rights | Resort Brokers ID : OTP006655
Burleigh Heads Beauty with Scope to Grow | Resort Brokers ID : MR006814
Waterfront Holiday/Corporate Property with Style
1419ML - HIGH QUALITY LEASEHOLD PROPERTY, CENTRE OF WAGGA, RARE OPPORTUNITY, ENQUIRE NOW
CARETAKING ONLY MANAGEMENT RIGHTS WITHIN 3KM FROM BRISBANE CITY | Resort Brokers ID : MRC006816
1330MF - ENTRY LEVEL FREEHOLD WAITING FOR NEW OWNERS
1540ML - BE YOUR OWN BOSS! EASILY OPERATED, AFFORDABLE LEASEHOLD