Queensland

Leasehold $1,450,000 - Ref ALB103

Property Description

Best Leasehold Motel Available

* Fantastic 26 unit motel complex includes spacious units of different configurations to cater to wider market
* Function/Conference room (no restaurant)
* Trading over the last 3 years has been growing 10%+ each year
* Large family size 4 bedroom onsite residence
* Inground swimming pool and covered BBQ area with lovely landscaped gardens
* Solid brick construction
* Exposure to a large amount of traffic each day, close to town centre
* Long term lease with 22 years remaining
* Low rental ratio paid by Lessee
* Strong performing motel for many years and is improving each year
* Offers a high return on investment - can be operated under management as a passive investment
* Full Accountant's financial statements available to genuine enquiries
* The ideal motel business that will suit anyone wanting a quality motel that ticks all the boxes

Property Summary

Motel Information

Total Rooms: 26Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Leasehold

Marketing Agent


Marketing Agency

QTHB

Andrew Morgan
QTHB

Phone

Listing Tools

Property Map

Exact map location not provided

Similar Properties