EXCEPTIONAL QUALITY LEASEHOLD MOTEL IN TOOWOOMBA FOR SALE. OVER 80% OCCUPANCY!
As appointed Brokers, we are proud to present the leasehold interest of this very high quality Motel which is located in the vibrant City of Toowoomba in the Downs district of Queensland.
The current owners have operated the Motel for over 8 years and it is now time to retire. During their ownership they have upgraded the property so that all rooms present in excellent condition.
The Motel consists of 5 fully self contained apartments and 22 Motel rooms, all over various configurations catering to all travellers.
The property benefits from a high level of repeat business from both the Corporate and the leisure sectors.
Breakfasts only are delivered to the rooms, however there is a Restaurant and bar that is not in use, and the large conference room is not marketed at all.
With a full commercial kitchen, there is good opportunity to further increase revenue if desired to utilize these facilities.
Income continues to rise and this Motel is offered with a high return of over 34%.
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -