Property

Immaculate Four Star Motor Inn

Leasehold $1,150,000
New Listing

Description

Beautifully Presented Motel Complex

* Presentation is simply fantastic
* 40 high standard motel units that includes self contained apartments and executive suites. * All rooms are spacious and well appointed.
* Huge 4 bedroom family size residence with direct internal access to reception
* Rendered block construction under tile roof
* Corporate motel with licensed restaurant and bar with alfresco area overlooking pool
* Generally inhouse guests only
* Food and Beverage only accounts for 13% of total Income
* Ideal location within 100m of all types of dining options
* Excellent street presence with exposure to a large amount of traffic daily
* Long term lease with low rental in place
* High return available on such a quality business
* Operate under management if desired
* Occupancy rate 67% (FY21)
* Full undercover car parking
* Financial statements available to genuine enquiries upon request
* Highly recommended as an excellent motel business and very impressive accommodation complex

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.

© 2021 | Queensland Tourism & Hospitality Brokers , All Rights Reserved | Privacy Policy. Powered by Eagle Software