A brand new 30 year lease over this high quality motel is being offered for sale.
* Very well presented modern 25 unit motel with all ground floor buildings
* Large onsite 3 bedroom residence with direct internal access to reception and a private fenced backyard
* Small licenced restaurant that is fully staffed
* Undercover carparking, inground swimming pool and a covered BBQ area
* Solid brick/block construction
* Excellent location in the centre of strong accommodation town
* New 30 year lease with very low commencing rent being offered, only 16% of Turnover
* Occupancy rate circa 82%
* Net Profit After Rent $308,284 (FY22) and $356,054 (FY23)
* Offers a very high return on the asking price (40% ROI)
* Currently operated by a management couple
Queensland Tourism & Hospitality Brokers (QTHB) 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.