South East Queensland

$580,000 WIWO

Property Description

Qld Country Motel Lease

THIS BUSINESS WOULD HAVE TO BE ONE OF THE BEST LEASEHOLDS ON THE MARKET

THIS MOTEL/CABIN PARK TICKS ALL THE BOXES.

CONSISTENT TRADE WITH FURTHER UPSIDE DUE TO UPCOMING PROJECTS IN THE AREA √

RENT IS WAY BELOW INDUSTRY AVERAGE: 37.7% OF FREEHOLD GOING CONCERN PROFIT √

COULD BE RUN BY ONE PERSON √ (PARTNER HAS THE OPTION OF SEEKING ALTERNATIVE EMPLOYMENT)

MINIMAL WORKLOAD √

LEASE LENGTH 32 YEARS √

Currently running at 80% occupancy, expect to increase to 90% + over the next 18 months due to upcoming projects

NET PROFIT PROJECTED FOR 16/17 - $230,000



YOU NEED TO INSPECT THIS PROPERTY. YOU WILL NOT BE DISAPPOINTED

Property Summary

Business Snapshot

Price: $580,000 WIWONet Profit: $219,000

Motel Information

Total Rooms: 13Stars: 4Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: LeaseholdLease Term: 32 years

Marketing Agent


Marketing Agency

Motel Sales Specialist

Motel Sales Specialist

Motel Sales Specialist

Chris Fuller
Motel Sales Specialist

Phone

Listing Tools

Property Map

Exact map location not provided

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