UNDER CONTRACT - Neat Beachfront Motel, 30% 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.
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:QLD - Fraser Coast