Queensland

$895,000 - Great Value at this Price - Ref AFB101

Property Description

Selling Well Below Replacement Value

* Main highway location close to all amenities in a large coastal town, walking distance to restaurants, tavern, supermarket and gym
* 16 large motel units
* Brick construction in excellent condition
* 3 bedroom family size residence on site with direct internal access to reception
* Represents excellent buying with much upside potential for a new operator
* Expansion potential is also available in the future with a DA in place to add 9 more units
* Prime corner position with undercover parking and side street parking for larger vehicles
* Very easy to operate complex. Currently operated by one person. Minimal food preparation
* Inground swimming pool, guest laundry and shed
* Low maintenance property
* Full financial data available to genuine buyers - Turnover $265,000 (FY18)
* This is an impressive motel complex selling well below replacement value

Property Summary

Motel Information

Total Rooms: 16Restaurant 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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QTHB