Motel Lease consistent 75% occupancy.

Consistent top performer with 75% average occupancy over the past 8 years

Consistent performer with average turnover of $938,000 per annum over the past 8 years

Ideal location prominent highway position in busy S E Qld provincial city 

Comprising

22 Extra large well appointed units

2 x Three bedroom apartments

3 x Two bedroom apartments

Pool

Residence

NO Restaurant 

This easy to run motel is situated on a main arterial highway and is only a 2 minute walk to a major shopping centre, eateries, restaurants and in close proximity to airport and all city amenities.

This motel is one of the most consistent performers on the market with an outstanding trading performance year in year out regardless of the economy.

Turnover for the year ended June 2019 amounted to $900,000 with a nett profit of $288,782.

There are 26 years remaining on the lease.

Same owners for the past 8½ years wish to retire.

The motel is well presented, in good condition throughout and affords a first class inspection. 

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

State QLD
Price $1,050,000 One of the best motel leases available
Property Type commercial
Property ID 324
Category Hotel/Leisure
Office Area 1m2

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Bill Lee

0418777727
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