1551ML - Great Returns on Large 30 Year Leasehold
- Would you like a motel with a new 30 year lease?
- Do you want to pay realistic rent?
- Can you handle 31 rooms of varying configurations.
- Could you handle being your own boss and left to run a business the way you want to?
- Do you want minimal food handling?
If you answered yes to these 5 questions then call me now!
This is your chance to reap the rewards and secure your future. This large 3 star motel in a thriving country town is only 30 minutes to the coast.
The occupancy has been growing but there is still a long way to go to reach the town average. An astute business plan and hands on operation could put a huge smile on your face.
This motel would suit a newcomer to the industry or an experienced motelier.
If this sounds like you call me now. At 38 % ROI this is an awesome buy.
Net profit $208,449 for 2016/17 (as provided by owner)
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1551ML (quote when enquiring)
Location: One of Australia's most beautiful provincial cities, Grafton is renowned for its Jacaranda trees, graceful old buildings, sporting and cultural facilities, and its location on the banks of the Clarence River. As the thriving commercial hub of the Clarence Valley, Grafton has a range of great shopping, award winning restaurants and a smorgasbord of entertainment from the many pubs and clubs. Outdoors, every turn reveals a stunning vista. Manicured gardens glow with seasonal blossoms and, throughout the year, Grafton's stately streets and parks host festivals and community celebrations that attract thousands of visitors.
Property Code: 2399
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -