Caboolture, Queensland

$895,000

Property Description

LEASEHOLD 34 ROOM MOTEL, FULLY RENOVATED NORTH BRISBANE

We are pleased to have been appointed as Brokers to market the leasehold interest of the Caboolture Motel.

The Caboolture Motel is a family owned 3 1/2 star motel, offering spacious ground floor units all with ensuite bathrooms. The motel offers a variety of rooms to accommodate all requirements; with a total of 34 units spaced out over four motel blocks.

Additionally, there is a fully self contained cottage which the current owners have long term let.

The Motel is centrally located and has recently been refurbished by the current owners.

It presents in excellent condition and has rising occupancy.

The property is currently generating a net profit that shows a return on investment of over 31%, but there is also a contract in place that is generating significant higher returns and this income is additional to that shown on the financials.

Inspect now, this Motel is priced to sell!

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

A B Brokers

Chris Rowe
A B Brokers

Phone

Listing Tools

This listing last updated: 14th September 2018

Property Map

Map Location ( get directions )

Caboolture, Queensland 4510 Exact map location not provided

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