Gayndah, Queensland

Price $910,000 plus SAV (ROI 15%)

Property Description

Very affordable freehold going concern Motel

*First time offered in 12 years

*Superbly presented 9 room Motel very easily run by 2 person management team.

*Consistent year on year turnover

*Opportunity for additional development (STCA) on 50% of a 4,047 sqm(approx.) allotment

*Spacious/ modern living accommodation

*Continually refurbished and updated by owners over the past 12 years

*Net $136,690 per annum 30/6/2019 financial year (marginally reduced to $124,180 per annum 30/6/2020 financial year due to Covid). A very steady and well performing business over time.

Inspections strictly by appointment with Excusive Agents Ward Commercial Hotels.

Property Summary

Motel Information

Total Rooms: 9Restaurant Facilities: NoLiquor Licence: NoRestaurant: NoLease: Freehold

Marketing Agent

Lindsay Cooper

Marketing Agency

Ward Commercial

Lindsay Cooper
Ward Commercial

Phone

Listing Tools

Property Map

Map Location ( get directions )

Gayndah, Queensland 4625 Exact map location not provided

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