GREAT LEASEHOLD MOTEL IN BLACKWATER, QUEENSLAND
We are very pleased to present the leasehold interest of the Black Diamond Motel, located in Blackwater, Queensland.
This 21 room property has been fully renovated and presents in excellent condition.
The restaurant and commercial kitchen are currently closed, but everything is in place should a new owner wish to re-open them.
There are chargeback arrangements in place for the guests.
The Motel has been run under management for many years, so it could benefit from hands on operators.
Great rent ratio and a new 30 year lease at settlement.
Net profit for 2016 $207,000
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -