Property

Huge 50% Return on Investment

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Description

* Quality 4 star motel presentation
* Very high return available
* 10 unit motel - all units are self contained one bedroom apartments
* Excellent location in strong Queensland town
* Solid repeat business from various industries
* Operated by husband and wife team
* No food preparation
* Consistently strong trading for many years with Income for FY23 YTD up 13% on same time last year
* Full financial data available to genuine buyers
* Long term lease and low rent in place
* Low labour intensive business with very low operating costs
* Comfortable one bedroom owner's residence onsite with direct internal access to reception and private fenced yard space with outdoor deck.

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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