Property

Large Freehold Motel Opportunity

Freehold - Open for Offers
Under Contract

Description

* 29 unit motel (includes 22 large two bedroom self contained units )
* Great accommodation region, positioned on the main highway close to town
* Situated on a huge 5,500sqm site with 3 street frontage - future multi storey development potential (STCA)
* 4 bedroom, 2 bathroom residence onsite, suit a large family
* Very easy to operate complex, no food preparation
* Low cost operation with high profitability
* Operated under management for the last 10 years
* Net Profit Before Management circa $513,000 (FY23)
* Strong future bookings for FY24 going forward
* Highly recommended as a great motel property to own and/or operate
* Undergone much upgrading over recent years

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.

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