20% nett Return

Attractive modern motel Located in the centre of a country town, the motel provides accommodation for both corporate clients, travellers. tourists and workers in the area.

The Central location offers convenient access to shops, hotel, entertainment and business facilities.  Comprising: 10 units reception motel kitchen residence laundry The motel has enjoyed a very robust trade over recent years and has a  turnover of $230,000 and a nett profit of $140,000

The property is approximately 12 years old, is in good condition throughout and well presented. There is extra land for an additional 7 units.

The motel is currently operated under management and absent owners have decided to sell. The motel will show over 20% nett return to an owner operator or would show 14% nett return operated under management.

Further particulars Phone Bill Lee 0418 777 727

 

State QLD
Price Motel Bargain $650,000
Property Type commercial
Property ID 236
Category Hotel/Leisure
Office Area 1m2
Floor Area 1 m2

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Bill Lee

0418777727
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