Property

4 Star High Quality Motel Lease

Leasehold $950,000
New Listing

Description

* High quality 4 star motel - quality presentation throughout
* 22 unit motel (due to the large size of the units there are in total 31 lettable bedrooms)
* Excellent location in large Queensland town close to CBD
* Very strong repeat clientele
* Operated under management for the past 9 years
* No food preparation at all
* Consistently strong trading for many years
* Full financial data available to genuine buyers
* New 30 year lease offered with low commencing rent
* Very low labour intensive business with low operating costs and high profit margin
* Comfortable two bedroom owner's/manager's residence onsite with direct internal access to reception
* Income FY21 $890,000
* This is the ideal motel lease showing a strong return with high quality presentation

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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