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
Passive Investment Motel for Sale
SOLDpassive investment motel - $1,500,000 NEGOTIABLE REDUCED TO $1,400,000
This is an excellent motel investment on a quality property in a great location. Highly recommended.
This is a well situated property on an elevated site on a busy main road in a large regional town that reflects strong occupancy levels year in year out. It includes 22 nicely appointed units including family rooms. There is a huge 4 bedroom operator's residence onsite. The inground swimming pool has a large covered BBQ area for guests to enjoy. There are good building allowance benefits available. The lease is a long term tenure with a very strong and experienced operator running the property. Annual rent is $120,000 increasing by CPI each year.
For more Information Contact Specialist Motel Broker
Andrew Morgan 07 4953 1611 or 0417 608 041
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