Best Leasehold Motel Available

Leasehold $1,450,000 - Ref ALB103

• Fantastic 26 unit motel complex includes spacious units of different configurations to cater to wider market
• Function/Conference room (no restaurant)
• Trading over the last 3 years has been growing 10%+ each year
• Large family size 4 bedroom onsite residence
• Inground swimming pool and covered BBQ area with lovely landscaped gardens
• Solid brick construction
• Exposure to a large amount of traffic each day, close to town centre
• Long term lease with 22 years remaining
• Low rental ratio paid by Lessee
• Strong performing motel for many years and is improving each year
• Offers a high return on investment - can be operated under management as a passive investment
• Full Accountant's financial statements available to genuine enquiries
• The ideal motel business that will suit anyone wanting a quality motel that ticks all the boxes

For a detailed Information Memorandum, 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