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Over 17% nett return on purchase price.

This motel is of solid block construction and occupies a very prominent position on the main highway into a provincial city. The motel is situated in a commercial hub surrounded by restaurant, cafés, hotels, businesses and a large residential area.

 Comprising

19 spacious units

Undercover parking,

Motel reception

Pool

3 bedroom residence

No Restaurant 

The motel enjoys a very high occupancy and a very high rate of return business.

 The motel has an average turnover of $445,000 per annum for the last 3 years and an average nett profit of 217,000 per annum for the last 3 years. 

The motel is well situated to capture a large share of travellers and tourists that pass through the city and and workers in the area. 

This easy to run motel will show a return on investment of over 15% 

For further particulars please phone Bill Lee 0418 777 727

 

State QLD
Price Freehold Motel $1,450,000
Property Type Commercial
Property ID 337
Category Hotel/Leisure
Office Area 1m2

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Bill Lee

0418777727
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