64 Penghana Road, Queenstown, Tasmania

Offers over $250,000

Property Description

Tasmanian Motel 55 rooms, turnover 2018 f/y $930,000 and Increasing offers over $250,000

Excellent value motel, presents well, attractive restaurant

Rent a low 13% of turnover

22 years left on the lease,

Should show a working couple around 100% ROI

Strong possibility of large up turn in the town, capitalize on the Tasmanian Tourism Boom

A rare opportunity, such a large motel, at an entry level in going

Phone the Tasmanian Motel/Hotel Business Broker Specialist Paul Scott 0477 771 098

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate

Property Code: 20

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

Tasmanian Business & Property Sales

Tasmanian Business & Property Sales

Tasmanian Business & Property Sales

Paul Scott
Tasmanian Business & Property Sales

Phone

Listing Tools

This listing last updated: 19th September 2018

Property Map

Map Location ( get directions )

64 Penghana Road, Queenstown, Tasmania 7467

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