Freehold Motel with Huge Upside Potential

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Freehold $995,000 - Ref AFN125

  • 18 large neat and tidy motel units that present well
  • Spacious 3 bedroom managers residence with direct internal access to reception
  • Inground salt water swimming pool
  • Solid brick under tin construction
  • Almost 1 acre of land with ample spare land to expand with a further 20+ units or subdivide (both STCA)
  • Situated in a large regional city on a corner site with excellent exposure, walking distance to the CBD
  • Easy to operate by a husband and wife team with much capacity to increase trade
  • Minimal food preparation - only breakfasts on request
  • Long term track record of consistent trading with same owners for last 22 years who wish to retire
  • Huge potential to increase business trading significantly through online resources
  • Revenue FY20 circa $253,000

For a detailed Information Memorandum and Financials, please contact the Exclusive Agent
Andrew Morgan
Specialist Motel & Accommodation Broker throughout Qld Since 1995
m 0417 608 041  |  p 07 4953 1611  |  e sales@qthb.com.au

Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.