Warwick, Queensland

Leasehold $345,000

Property Description

Massive 10.5% Price Reduction! The Owner Wants to Retire! - 1P4726M

EXCLUSIVE TO CRE BROKERS. This 19 room Motel is conveniently located in the centre of Warwick, and just minutes walking distance from the CBD and Federation Park on the banks of the Condamine River. Convenient shopping with ALDI and IGA nearby, and, the full range of dining from boutique café to Subway and KFC to choose from.

With Motel performance or Return On Investment at 32.9% there is still room to grow this business. Warwick is an integral service delivery centre for the surrounding district, and sits at the intersection of the Cunningham and New England Highways. Boasting a robust motor sport precinct, Warwick draws people to town most weekends for practice and racing events.

With refurbishment and painting completed throughout 2018 and 2019 there is opportunity to focus on working the business.

Priced to sell, this is an absolutely must inspect opportunity.

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL

Marketing Agent


Marketing Agency

CRE Brokers

Peter Sagner
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Warwick, Queensland 4370 Exact map location not provided

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