Resort News Magazine - Issue January 2010
Thankfully the year 2009 is behind us. It is safe to say that from a motel sales point of view it has been a turbulent year. The ebbs and flows, peaks and troughs have been the greatest that I have experienced since entering the motel brokerage industry in 1995. Let's have a look at the year in general from start to finish
Read more...Freehold Motel For Sale
FREEHOLD - $6,000,000 - VERY HIGH QUALITY 4 STAR MOTEL
This extremely well presented motel is only 50 metres to the beachfront.
It includes quality self contained units, dining room (breakfast only), large 3 bedroom family size residence, beautiful tropical gardens, all set on approximately 7,000sqm of land. Opened for business 18 months ago and trading is increasing rapidly. Net profit for 2009/10 YTD is $450,000 and $650,000 is expected for the full year. Much potential for a new and enthusiastic operator. Currently operated under management. Rendered block construction under colourbond roofing.