FOR SALE
$595,000 - 33% ROI

3 1/2 Star, 385 kilometres north of Brisbane

New 30 year lease. Exterior buildings all being painted.
The leasehold purchase of a 26 room modern motel with air-conditioning, WIFI, outdoor pool, restaurant, meeting/conference facilities, truck/RV parking and guest laundry. The motel offers guests quality and comfortable accommodation at an affordable price.
Occupancy - 56%
Turnover - $763,028
Annual Rent - $230,000+GST (adjusted annually to CPI)
Nett Profit - $197,280
PP - $595K (33% ROI)

  • Property ID: 3455
  • Occupancy: LEASED
  • Whole or Part Building: WHOLE
  • Frontage: s
  • Available: Available: Now
  • Term of Lease: 30 Years
  • Property type: HOTEL / LEISURE
  • Listing type: FOR SALE
  • Land Size: Square
  • Outgoings Paid by: TENANT