Substantial Leasehold Motel

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Leasehold $1,320,000 - Ref ALR119

Large 42 Unit Motel Complex

  • Presentation is excellent
  • 42 quality motel units with a mix of different unit types
  • Onsite 3 bedroom residence with direct internal access to reception
  • Solid block construction
  • Corporate motel with licensed restaurant and bar
  • Positioned in an excellent motel town with historically very strong demand for accommodation
  • Operated under management for a number of years
  • 22 years remaining on the lease
  • Very low rental offered - only $5,714/unit site - very low rent to profit and income ratio
  • Net Profit After Rent $382,440
  • Financial statements available to genuine enquiries upon request
  • Highly recommended

Price $1,320,000 + Stock

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