$545,000 under contract

Sunshine Coast Motel where every room has tropical garden access

Beautifully presented motel featuring 16 spacious and quiet units.Located on the Sunshine Coast and within 20 mins to many of the coast tourist attractions makes it a popular base. A short distance from the Bruce Highway it is an ideal stop for travellers (one of the first/last motels north of Brisbane). Beautiful clean rooms and lush tropical gardens that can be enjoyed from every room, it is no surprise that repeat client numbers are very high. Excellent in ground swimming pool and covered BBQ area. The Big Pineapple and its business centre is 2mins away and is growing at a rapid rate. Big plans have been approved for this business and tourist centre. With its central location to local activities and events the motel is sold out many weekends well in advance. the current lessee have completed upgrades to give you the option to trade as is or to put your finer touches and use the potential to build this business further. Brand new split ac and hot water systems, new carpet, curtains and room upgrades have been install throughout. Recent paint work allows the new owner to focus on managing this well run business. A rare 4 bedroom spacious onsite residence with private gardens and entry make this the ideal work from home job.

Occupancy - 55 - 58%
Turnover - $366,420
Annual Rental - $113,319
Nett Profit - $148,800

  • Property ID: 3124
  • Occupancy: LEASED
  • Whole or Part Building: WHOLE
  • Available: Wednesday 3rd April, 2019
  • Term of Lease: 18 Years
  • Property type: HOTEL / LEISURE
  • Listing type: FOR SALE
  • Outgoings Paid by: TENANT
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