Property

Outback Queensland Motel

Freehold $1,350,000
New Listing

Description

* 26 ground floor motel units including self contained and family units
* Commercial kitchen and licensed restaurant
* Separate 3 bedroom residence
* Large land area of over 2 acres
* Strong demand for accommodation in the area
* Very solid business with consistent trading that is growing
* Occupancy 60% (FY22)
* Operated under management
* Income FY21 $495,000 and FY22 (7 Months) $514,000
* Net Profit $253,000 (FY21) and the current year will be much higher
* Strong mix of tourist and work related clientele

Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warrant as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.

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