Wondai, Queensland

Motel Passive Investment - Qld Country

SOLD

Business Description

PASSIVE INVESTMENT
14 Units
Brick building on one level
3 Bedroom residence
In-ground Pool
Small licensed restaurant
Rent: $108,551.34 + gst
Rent increases annually by CPI
Long term operator
Consistent business
Property presents well.

Business Summary

Motel Information

Total Rooms: 14Stars: 3.5Restaurant: YesSale Type: Freehold
Marketing Agent
Christine Fuller
Christine Fuller

Christine Fuller
Christine Fuller

Jim McDonald Brokers

Jim McDonald Brokers

Key Investment Insights

1. Passive investment opportunity for a motel with 14 units in a brick building on one level.
2. Includes a 3 bedroom residence, in-ground pool, and small licensed restaurant.
3. Rent is $108,551.34 + gst and increases annually by CPI.
4. Long term operator in place and consistent business.
5. Property is well-presented and in good condition.
6. Located in a country town in Queensland, providing potential for growth and tourism.
7. Motel has a 3.5 star rating, indicating a good level of comfort and amenities.
8. Sale includes the freehold of the property, providing long-term investment potential.
9. Passive investment allows for minimal involvement in day-to-day operations.
10. Potential for additional income through the restaurant and room occupancy rates.
11. Strong and stable rental income with annual increases.
12. Opportunity for potential tax benefits through owning a commercial property.
13. Motel is in a desirable location, providing potential for high occupancy rates.
14. Low maintenance property with a reliable and experienced operator in place.
Listing location

This Business is sold

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