Harristown, Queensland

Leasehold $1,050,000

Property Description

Large Motel located on the Warrego Highway, Toowoomba, directly opposite to the Shopping Centre - 1P4903M

This Southern Downs motel has, over consecutive years, shown a consistent strong performance illustrated by the high repeat corporate and overnight guest bookings. With 22 Rooms and 5 Apartments all with abundant space and a variety of sleeping formats, guests may choose from the 27 guest quarters, the configuration to best meet their needs.

Well established as an high quality 3.5 Star motel on the western edge of Toowoomba's inner city fringe and benefiting from the traffic volume of the Warrego Highway, the business' history of a strong performance is confirmed.

The motel does have restaurant and conference room facilities ready to be operationalised. From the solid foundation of the current business performance, there exists substantial potential to grow this business.
Net Profit: $288,782

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:QLD - Southern

Marketing Agent


Marketing Agency

CRE Brokers

Peter Sagner
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Harristown, Queensland 4350 Exact map location not provided

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