Caravan Park Market Review - June 2010
The commencement of this year’s tourist season was again heavily dependant on the quality of the weather in the southern states compared to that in Queensland. In spite of a lengthy wet season, initial reports suggest that it has been an exceptional start to the 2010 season as Caravanners progressively make their way north.
Read more...Resort News Magazine - Issue June 2010
Most motel owner/operators/managers will tell you they are rarely in the onsite residence. Maybe this is why the motel residence is the most forgotten about, ignored, and neglected, part of many, many motel complexes. In “the good old days” motels were typically built with a lovely 3 or 4 bedroom home above or beside reception where the owner/operators (who were often the one’s having the motel built) were going to live with their children, and operate the motel business as a family concern. The motel was not only built as a place of business but also a home for the family to live and run the operation
Leasehold Motel for Sale - High 32% Return
SOLDLeasehold - $350,000
Neatly presented 22 unit motel includes some large family sized 2 bedrooms units.
There is a huge 4 bedroom residence onsite that is ideal for family operators. Includes an inground pool and large frontage to main road with great expososure. The only meals prepared are breakfasts to rooms if required. There is huge potential here for a husband and wife team to substantially build up the motel's trading. Currently operated by one lady owner with cleaning staff.
25 year lease with low annual rent of $120,000. ($5,454/unit)
Net Profit After Rent $112,000 (09/10)
This motel will not be available for long
For more information contact Motel Broker - Andrew Morgan
Office: 07 4953 1611 or Mobile: 0417 608 041
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it