Property

High Performing Lease Motel

Leasehold $400,000
New Listing

Description

* Net Profit after Rent circa $121,000
* 14 unit motel
* Excellent location close to city centre
* Presentation is good with much updating over last 12 months
* Inground swimming pool with undercover BBQ area
* Prime position with large frontage and undercover parking
* Operated by husband and wife team
* No food preparation at all
* 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

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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