Leasehold $495,000 - Ref ALR126

Property Description

Lease Motel in Large Regional Centre

* Net Profit after Rent circa $190,000 (Huge 38% ROI for large coastal motel)
* 37 unit motel which presents very well and all units are semi self-contained, thereby able to offer comfortable short to medium term accommodation
* Excellent location close to all amenities in a large regional centre
* Solid concrete block construction in excellent condition
* Two onsite residences
* Inground swimming pool with undercover BBQ area
* Prime position with large frontage and off street parking
* Very easy to operate complex
* No food preparation at all
* Low cost operation that performs well even in quiet times
* Represents excellent buying with much upside potential for a new operator
* Full financial data available to genuine buyers\
* New 30 year lease in place

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: 37Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Leasehold

Marketing Agent

Marketing Agency


Ryan Doughty


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Property Map

Exact map location not provided

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