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
Motels For Sale 5 - SOLD
SOLDLEASEHOLD $600,000 - SOLD
This well presented motel includes 16 units, (with 2 family rooms), a licensed restaurant & bar, conference room and a swimming pool.
There is a 3 bedroom, 2 bathroom owners residence on site. The motel is of brick construction and is very well located on the main road close to the town centre. A high 3.5 star rating has been achieved. The motel is currently operated by one owner plus staff. The Net Profit After Rent is $180,000 offering a high 30% return on investment. This motel has been a solid performer for many years. Contact the Exclusive Agent - Andrew Morgan.