Queensland

Freehold $995,000 - Ref AFN125

Property Description

Freehold Motel with Huge Upside Potential

* 18 large neat and tidy motel units that present well
* Spacious 3 bedroom managers residence with direct internal access to reception
* Inground salt water swimming pool
* Solid brick under tin construction
* Almost 1 acre of land with ample spare land to expand with a further 20+ units or subdivide (both STCA)
* Situated in a large regional city on a corner site with excellent exposure, walking distance to the CBD
* Easy to operate by a husband and wife team with much capacity to increase trade
* Minimal food preparation - only breakfasts on request
* Long term track record of consistent trading with same owners for last 22 years who wish to retire
* Huge potential to increase business trading significantly through online resources
* Revenue FY20 circa $253,000


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: 18Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Freehold

Marketing Agent


Marketing Agency

QTHB

Andrew Morgan
QTHB

Phone

Listing Tools

Property Map

Exact map location not provided

Similar Properties

Caravan Sales and Hire Business for Sale
Exclusive

MACKAY
Caravan Sales and Hire Business for Sale

Priced to Sell at $895,000 + Stock at Value
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

QTHB
Huge 11% ROI Passive Investment Motel | Resort Brokers ID : INV006559
Updated

ROMA
Huge 11% ROI Passive Investment Motel |...

$1,000,000
Net Income: $111,397
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

ResortBrokers
Freehold motel under $1,000,000 with an 18% return on investment | Resort Brokers ID : FH006530
Updated

MONTO
Freehold motel under $1,000,000 with an 18%...

$995,000
Net Income: $177,844
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

ResortBrokers
The Best on Offer, 4 Star Leasehold Motel & Apartments | Resort Brokers ID : LH006464
Updated

TOOWOOMBA
The Best on Offer, 4 Star Leasehold Motel...

$1,000,000 FIRM + SAV
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

ResortBrokers
Very affordable freehold going concern Motel
Exclusive

GAYNDAH
Very affordable freehold going concern...

Price $910,000 plus SAV (ROI 15%)
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Ward Commercial
Time for a Sea Change? Freehold Motel with 16% ROI in North Queensland  | Resort Brokers ID : FH006495
Updated

INNISFAIL
Time for a Sea Change? Freehold Motel with...

$1,050,000
Net Income: $167,049
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

ResortBrokers