Property

Quality Leasehold Motel Offers Great Potential - Ref ALM63

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0 Square metres

Description

Quality South East Queensland Motel Opportunity

* Nicely appointed 35 unit motel facility with family and corporate suites
* Restaurant and bar (currently not operating)
* Conference/Function room seating 50
* Lovely pool and undercover BBQ area
* Large 3 bedroom family size residence, large living room - brilliant family home with direct internal access to reception
* Quality brick construction
* Situated on main road in large regional city within 5 minutes of CBD
* Operated under management for many years and provides a huge amount of potential for owner/operator
* Long lease in place
* Net Profit after Rent $203,266 (FY14/15)
* This motel represents exceptional value at the asking price of $549,000 (Huge 37% Yield)

Negoitated by Andrew Morgan
Specialist Motel Broker throughout Qld since 1995

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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