Brisbane Leasehold Motel with strong growth trend! | Resort Brokers ID : LH006019
Location, location! On offer is this amazing opportunity to secure a 14 room motel located in the highly sought-after Hamilton. There is no doubt the Brisbane market has been under some pressure but this property in the motel heartland of Hamilton, has been returned to growth by the owners. This property is suitable for first timers, experienced operators who are looking for a long term investment or to purchase as a stepping stone to bigger and better things down the track.
- Accountant prepared P&L showing $205k net
- 21 years left on the lease
- Affordable rent at only $145k per year
- Large one bedroom managers apartment to live onsite
- Can be run under management if desired
- Easily run by a couple!
- Property inspections are by appointment only
Date updated: 06 Dec 2019 23:00:06
Price: Offers over $600,000
Net Profit: $183,326
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -