Outstanding Motel Lease
This magnificent motel occupies a prominent highway position on the southern entrance to a very busy coastal town. The motel is in close proximity to the C B D all town amenities and has easy access and good visibility to passing traffic.
Comprising
41 units
licensed restaurant
separate bar
motel reception
lounge area
Three bedroom and ensuite residence
Security fenced pool
The motel has limited competition and has enjoyed a very sound level of trade over the years with a turnover of $1.2 million and a nett profit of $400,000
There are 21 years remaining on the lease. Vendors have reduced the price and are keen to sell.
The motel enjoys a good reputation, regular reliable clientele and a high rate of return business. The property has been well maintained and is very well presented.
For further particulars on this outstanding motel phone Bill Lee 0418 777727
| State | QLD |
|---|---|
| Price | Magnificent Motel price reduced to $1,195,000 |
| Property Type | Commercial |
| Property ID | 314 |
| Category | Hotel/Leisure |
| Land Area | 1 m2 |
| Office Area | 1m2 |
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