Property Description

Great opportunity to acquire a Leasehold Motel in Maryborough.

Two storey building.

Main road with great street appeal.

20 rooms, including Family, Queen and Kings

Swimming pool

BBQ area

Guests Laundry

Restaurant available ( currently closed )

Across the road from a variety of eating places, Supermarket, Service Station etc.

5 minute drive to CBD, RSL and Hotels.

Price: $495,000.00

Total rooms: 20

Restaurant: Yes Currently closed

Kitchen: Yes

Liquor Licence: Yes

Food Licence: Yes

Net Profit: $131,000.00 (After Rent)

Lease term: 10 years plus 5x5 New Lease

Rent: $100,000.00 plus GST, Adjusted to annually CPI