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
Café 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 current turnover in excess of $1.2 million and a nett profit in excess of $380,000.

There are 23 years remaining on the lease.

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 Lease $1,320,000
Property Type commercial
Property ID 314
Category Hotel/Leisure
Land Area 1 m2
Office Area 1m2

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Bill Lee

0418777727
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