WESTERN QUEENSLAND LEASEHOLD MOTEL EXTRA LONG LEASE AND RETURNING OVER 40%!
We are pleased to offer the leasehold interest of this high performing Motel, located in Winton, Western Queensland.
The Motel comprises a good range of room types and 5 rooms are new and the income is only now showing on the financials.
The property has an extra long lease of 36 years and presents in excellent condition.
With occupancy of 75%, this Motel will prove to be a great investment for new owners. It is estimated that the net profit to be generated from the new rooms will be in excess of $22,000.
Winton is a town that services both the Corporate market and also has a large and growing leisure market who visit the Dinosaur trail.
This Motel is the winner of many Trip Advisor awards.
Inspect this motel early as it will sell quickly.