Queensland

Freehold Only $850,000 - Ref AFE99

Property Description

Very High Return Freehold Motel

* 14 large ground floor motel units
* Licensed restaurant and bar that services inhouse guests and the local residents
* Inground pool and BBQ area
* Main highway position close to centre of town
* Reception and 3 bedroom residence
* Guest laundry
* Ample parking and room for large vehicles
* Spare land for expansion on separate title - available for an additional $150,000
* Solid brick and block construction
* Turnover $511,772 (FY18)
* Net Profit $175,313
* Good performing motel over the long term
* This motel will not be available for long

Property Summary

Motel Information

Total Rooms: 14Restaurant Facilities: YesLiquor Licence: YesRestaurant: YesLease: Freehold

Marketing Agent


Marketing Agency

QTHB

Andrew Morgan
QTHB

Phone

Listing Tools

Property Map

Exact map location not provided

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