Southern Qld Leasehold Motel

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Leasehold $495,000 - Ref ALM123

  • Very tidy 20 unit motel with self contained configurations
  • Restaurant and bar
  • Solid brick construction
  • Strong accommodation locality with 5 hours to Brisbane
  • New 30 year lease with very low commencing rent of only $120,000 pa + GST
  • Net Profit after rent circa $176,000
  • Offers a high 36% return on the asking price.
  • This motel has performed very well even in tough times and demand continues to grow

For a detailed Information Memorandum and Financials, please contact the Exclusive 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

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.