Leasehold Motel for Sale by Offers to Purchase closing 4pm, 14 January - Must be Sold!
Now available for sale by Offers to Purchase, closing Tuesday 14th January, is this leasehold motel located in a high growth area of North Brisbane. Get in quick, with offers sought in the circa $500,000 range, this business will appeal to the savvy buyer achieving a high return on investment.
The property presents extremely well with 34 recently refurbished ground floor rooms, in queen, twin and two bedroom configurations, inground swimming pool, undercover and large vehicle parking. There is a comfortable 2 bedroom, 2 bathroom managers residence adjoining the professional reception area.
The property has an excellent high profile location, close to the centre's CBD, train station and restaurants. The business is easy to operate with strong demand for accommodation across a number of markets in the region.
Average Net Profit last 2 years is in excess of $260,000.
This quality motel business is being offered for sale by serious sellers who will consider all genuine offers.
Offers to Purchase close 4pm, Tuesday 14th January 2020.
Motel InformationTotal Rooms: 34Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Leasehold