Best Country Motel by a Country Mile

This very popular motel occupies a prominent position in the main street of a very busy country town. 

Comprising

25 units

Under cover parking

Residence

No Restaurant

 

This motel has undergone a major transformation 15 of the units and the residence have been constructed within the last 2 years.

 The motel has a very high rate of return business and an occupancy rate of 75% , 

Current turnover in excess of $800,000 and a nett profit of $300,000 which is still improving 

There are 30 years remaining the lease 

The motel is a 3 minute walk to hotels, restaurants, café and the business centre of town, An outstanding motel with a very long lease showing over 31% nett return 

For further particulars and inspection of this motel phone Bill Lee 0418 777 727

State QLD
Price Country Motel Lease $950,000
Property Type commercial
Property ID 320
Category Hotel/Leisure
Office Area 1m2

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Agent Details

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Bill Lee

0418777727
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