Property

Description

QTHB have been exclusively appointed to sell this high quality passive investment motel. This is a premium motel property the likes of which are rarely available. Key features include:
* 57 accommodation units, ranging from comfortable studio rooms to spacious king size units
* Charming cafe dining facility with commercial kitchen that seats 36 inside and outside overlooking the lovely pool area
* Large 3 bedroom, 2 bathroom managers residence
* Resort amenities including inground swimming pool, BBQ area, landscaped gardens and expansive grassed area, guest laundry and motel laundry.
* Situated within a 2 minute walk to the beach and a 10 minute walk to the city centre
* Built in 2014, this is a modern motel facility attracting corporate, tourist and transient travellers
* 21 years remaining on the current lease with a passing annual rent of $600,000 plus GST
* The current lessee has operated the business for the past 8 years
* Lessee pays all outgoings
* Situated on a land area of 3,870sqm

A quality accommodation property such as this will not be available for long. Contact the Exclusive Marketing Agent today!

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.