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Property
Inland Country Queensland Motel
Freehold $1,250,000
Description
* 15 ground floor motel units
* Commercial kitchen and large shed
* Separate 3 bedroom residence onsite
* Circa 4,000sqm site with potential to expand STCA with spare land onsite
* Very solid business with consistent trading
* Occupancy 65% FY24
* Situated on main highway in small inland town
* Easily operated by one person currently or a couple
* Low operating overheads assists to maximise profits
* Net Profit circa $265,814 FY24 with a high 21% return on investment
* Operate oneself or under management or sell a lease off as a passive investment
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.