Stanthorpe, Queensland
Leasehold $695,000
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
Property Summary
Motel Information
Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:QLD - Southern
Listing Tools
This listing last updated: 9th October 2020
Property Map
Map Location ( get directions )
Stanthorpe, Queensland 4380 Exact map location not provided
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