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Great First Timer Leasehold Motel - 1916ml For Sale

Nanango, Queensland, Australia
Asking Price:
LEASEHOLD $495,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- Newly established 30 year lease (2023) including options.

- 12 units in the heart of town, walk to everything.

- Easy to run by a couple or one person and casual cleaner.

- Adjoins main club and opposite Council Chambers, this offers an outstanding convenient location for guests.

- Compact location - easy to operate for tenants / operators.

- Strong trading history and repeat trade.

- Under 2 hours to coast and Brisbane.

- Comfortable 2 bedroom unit adjoining reception area at the front of the property.

- Easy Maintenance - no pool and minimum gardens but walking distance to the town pool area and associated attractions.

Recent review on Trip Advisor: 'Spotless room, beautifully made up. Very helpful and friendly manager. I will stay here every time I travel through and highly recommend this motel. Close to everything in town but still very quiet and comfortable.'

Net Profit: $173,513 for 2023/24

Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1916ML (quote when enquiring)

Property Code: 4996