Queensland

Leasehold $495,000 - Ref ALM123

Property Description

Southern Qld Leasehold Motel

* Very tidy 20 unit motel with self contained configurations
* Restaurant and bar
* Solid brick construction
* Strong accommodation locality with 5 hours to Brisbane
* New 30 year lease with very low commencing rent of only $120,000 pa + GST
* Net Profit after rent circa $176,000
* Offers a high 36% return on the asking price.
* This motel has performed very well even in tough times and demand continues to grow


Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.

Property Summary

Motel Information

Total Rooms: 20Restaurant Facilities: YesLiquor Licence: YesRestaurant: YesLease: LeaseholdLease Term: 30 years

Marketing Agent


Marketing Agency

QTHB

Andrew Morgan
QTHB

Phone

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Property Map

Exact map location not provided

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