Just Listed

This motel is an ideal first motel.

Prominent main street location in the centre of a busy country town

The only dedicated motel in town 

Comprising

10 units

Self contained 2 bedroom unit

Residence

No restaurant 

The motel is walking distance to town amenities, restaurant and hotel

the business is very easily managed by a husband & wife team without the need for staff.

The motel is a consistent performer with an average turnover of $238,000 per annum for the past 4 years and an average nett profit of $105,000 per annum for the past 4 years. Turnover for the year ended June 2019 $285,000 Nett profit 2019 $141,000. There are 20 years remaining on the lease.

The motel is well situated within the town, appears to be in good condition and has a high rate of return business. 

For further particulars please phone Bill Lee 0418 777 727

State QLD
Price Country Motel Lease only $265,000
Property Type commercial
Property ID 327
Category Hotel/Leisure
Office Area 1m2

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Bill Lee

0418777727
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