Quality Motel Lease South Burnett Qld
We are very pleased to be appointed to market the leasehold interest of this outstanding Motel.
This Motel is located in the heart of the South Burnett area of Qld. The town is a very vibrant one with a history of high occupancy in the Motel Industry.
The 20 unit Motel has been a favorite for return guests for many years and boasts occupancy of over 65%,
The current owners have operated this Motel for over 4 years and it is now time for retirement.
10 rooms self-contained
15 rooms recently refurbished, two half refurbished & three to go
22 years remaining from settlement
There is no restaurant and they only do brekkies to the rooms.
This is a very solid business with great financials and rent ratio.
Net Profit $172,000 TBC
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -