Queensland

Freehold $1,250,000 - Ref AFO98

Property Description

High 18.5% Return Freehold Motel

Net Profit circa $232,000 - 18.5% ROI

* 21 unit motel in an excellent accommodation locality, positioned right in the centre of town
* Nicely presented property with units undergoing constant upgrading
* Very easy to operate complex, no food preparation at all!
* Low cost operation and high profit margin
* Long term owners of 22 years wish to retire
* Excellent motel opportunity with a very high return on investment
* Strong forward bookings and growth expectations over coming years
* Highly recommended

Property Summary

Motel Information

Total Rooms: 21Stars: 3Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Freehold

Marketing Agent


Marketing Agency

QTHB

Andrew Morgan
QTHB

Phone

Listing Tools

Property Map

Exact map location not provided

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