Property Description

Renovated Motel in SE QLD Tourist Zone. 30% ROI - 1P4374M

S.E. QLD Leasehold Motel for Sale, Exclusive to CRE Brokers.

A well located extremely well presented, totally renovated motel in a tourist hotspot and strong corporate trade.

• 20 ground floor rooms all with undercover parking
• Large 3-4 bedroom, 2 bathroom residence and spacious outdoor area
• First motel entering town from Brisbane, Gold Coast & Toowoomba
• Only motel in town with a restaurant, suitable for corporates and coaches
• Consistently strong trading figures, $775,000 average for past 3 years
• Long lease, with low rent of $132,000
• Plenty of room to increase business