Best Leasehold Motel Available

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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