Property

South Qld Motel Lease

Leasehold $320,000
New Listing

Description

* Net Profit after Rent circa $115,000
* 16 unit motel with various room configurations
* Excellent location in Southern Queensland
* Strong repeat corporate business
* Brick/block construction with undercover parking
* Operated by husband and wife team
* Minimal food preparation
* Consistently strong trading for many years
* Full financial data available to genuine buyers
* Long term lease in place
* High occupancy rates year in year out with potential to lift room rates and increase income and profits
* 3 bedroom owner's residence onsite

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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