Property

Description

QTHB have been exclusively appointed to market for sale this quality leasehold motel opportunity.

* Large 38 unit motel with various unit types from studio units to 2 bedroom self contained apartments
* Comfortable 3 bedroom managers residence with direct internal access to reception. Includes 2 bathrooms and is a good size family residence.
* Small inhouse licensed dining room
* Very easy to operate motel that has been run under management for many years
* Main highway position with exposure to a huge amount of traffic daily
* New 30 year lease in place with low rental only 40% of total Net Profit
* Excellent trading history over the long term
* Net Profit After Rent circa $450,000 FY25
* Full financial data available to genuine buyers
* Long term owners are retiring and wish to divest
* This is an excellent motel opportunity that ticks all the boxes and will not be available for long

Queensland Tourism & Hospitality Brokers 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.