SOLD
$

3 1/2 Star, 1 1/2 hours from Brisbane

The leasehold purchase of a 12 unit motel in the Sunshine Coast area. Located in the middle of town 150 metres from the RSL Club and short walk to restaurants and retail shopping. Easy to run operation in this well presented motel with long lease in place. Facilities include saltwater swimming pool, BBQ and gazebo, FOXTEL and WIFI.
Occupancy - 71%
Turnover - $267,941 / 2019
$299,000 / 2021
Annual rental - $73,651
Nett Profit - $109,435 / 2019
$130,655 / 2021

  • Property ID: 3919
  • Occupancy: LEASED
  • Whole or Part Building: WHOLE
  • Frontage: s
  • Available: Thursday 1st July, 2021
  • Term of Lease: 25 Years
  • Property type: HOTEL / LEISURE
  • Listing type: SOLD
  • Land Size: 1414 Square
  • Carspaces: 12
  • Outgoings Paid by: TENANT