Aspley, Queensland

Leasehold $388,000

Property Description

Suburban Motel Located In The Heart Of Aspley and Gateway to Sandstone Point, Bribie Island, Australia Zoo and the Sunshine Coast - IP4613M

A sixteen ground floor room Leasehold Motel for Sale, boasting three generous family rooms and guest swimming pool. Easily accessible and just off the northern arterial of Gympie Road, this business has provided a lifestyle and income for the current Leaseholder for EIGHTEEN YEARS.

CRE Brokers proudly bring this business exclusively to market for the first time in eighteen years.

. Sixteen quality ground floor rooms;
. Newly renovated Manager's residence; with three bedroom two bathroom;
. Opportunity for the canny buyer to grow this business;
. After eighteen years, retirement is calling the vendor;
. Showing more than 31% Return on Investment;
. 26 years remaining on lease (as of 20 July 2019)
. PRICED TO SELL NOW!!!!!!!!!!!!!

With a long lease, this business should provide the next pioneering and spirited Motelier with an excellent foundation to build for their future.

$121,003 Net Profit

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:QLD - Gold Coast/Brisbane

Marketing Agent


Marketing Agency

CRE Brokers

Peter Sagner
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Aspley, Queensland 4034 Exact map location not provided

Similar Properties