Queensland

Price Reduced $950,000 - Easy to Operate Motel

Property Description

Refurbished Freehold Motel

* 20 unit accommodation facility with highway location and direct exposure to a huge amount of traffic each day
* Quality units - recently refurbished to a high standard
* Very easy to operate complex. Currently operated by a manager who resides onsite
* Low cost operation means higher profit margin
* Meals prepared on request and include breakfast and dinner to rooms. There is a licensed restaurant and bar which is not operating but could be reopened if desired
* 2 bedroom managers residence
* Block construction under colourbond roof
* Operated under management for last 4 years
* Net Profit Circa $227,400 (FY19)
* Excellent motel opportunity with very high return on investment (24% ROI) and priced to sell.

Property Summary

Motel Information

Total Rooms: 20Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Freehold

Marketing Agent


Marketing Agency

QTHB

Andrew Morgan
QTHB

Phone

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Property Map

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