Torquay, Queensland

Leasehold $475,000

Property Description

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.

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

Craig Clark
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Torquay, Queensland 4655 Exact map location not provided

Similar Properties

2275ML – New Lease with Genuine Opportunity to Grow
New
Exclusive

GLADSTONE CENTRAL
2275ML – New Lease with Genuine Opport...

Leasehold $420,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

SOUTHPORT
Business For Sale - Small Permanent Complex...

$495,000
Net Income: $71,000
Managers Estate: $220,000 1 Bed 1 Bath
Letting Pool: 30
Remuneration: $44,219

MR Sales
simple quiet complex
Exclusive

RIVERHILLS
simple quiet complex

$510,000
Net Income: $40,000
Managers Estate: $390,000 4 Bed - Bath
Letting Pool: 25
Remuneration: $40,000

RAAS Group

HERVEY BAY
Beachfront Motel, 35 Year Lease, 30% ROI...

Leasehold $499,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

SCARNESS
2367ML - Seafront Location, Great Business...

Leasehold $499,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

ID 8884 BL CARRARA
Business For Sale - Tranquil Pet Friendly...

$569,000
Net Income: $41,400
Managers Estate: $435,000 4 Bed 3 Bath
Letting Pool: 22
Remuneration: $27,625

MR Sales