High Returning Leasehold Motel

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Leasehold $495,000 - Ref ALC97

  • Nicely presented 16 unit motel facility
  • Beautiful inground swimming pool and covered BBQ area with lovely landscaped gardens
  • Excellent exposure to a very large amount of traffic each day, close to town centre
  • Much potential for the next owner to continue to build the business further - trading over the last 18 months has been growing.
  • Restaurant and bar (currently not operating due to major refurbishment being completed)
  • Comfortable 2 bedroom onsite residence with large 2 car garage
  • Solid brick construction under colorbond roof
  • Long term lease with 23 years remaining
  • Low rental ratio paid by Lessee
  • Strong performing motel for many years
  • Offers a high 40%+ return on investment
  • Limited competition for the business and long history of strong trading
  • Financial statement available to genuine enquiries upon request

Leasehold $495,000

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 5953 1611 |  e sales@qthb.com.au