Torquay, Queensland

Leasehold $495,000

Property Description

Neat Beachfront Motel, 28% ROI, Long Lease, SE QLD - 1P3992M

CRE Brokers are proud to offer a rare opportunity to acquire a very well presented leasehold motel for sale in a desirable location. This motel ticks all boxes.

• Good mix of rooms with undercover parking, some self contained.
• All 15 rooms are spacious and have been upgraded.
• Best position on the Bay, north facing with water views.
• Long Lease with 27 years remaining, with low rent.
• Plenty of room for growth for new owner with 56% occupancy.
• $140,000 net profit, after rent.

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:QLD - Fraser Coast

Marketing Agent


Marketing Agency

CRE Brokers

CRE Brokers

CRE Brokers

Andrew Pickering
CRE Brokers

Phone

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Property Map

Map Location ( get directions )

Torquay, Queensland 4655 Exact map location not provided

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