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Motel - Freehold - Motel - Sales $6,000 Pw - Freehold - Near Toowoomba - Brisbane West Qld - 105 Rooms - Budget Accomodation For Sale

Brisbane, Queensland, Australia
Asking Price:
$3,450,000 (AUD)
Sales Revenue:
$312,000 (AUD)
Cash Flow:
$260,000 (AUD)

Freehold motel lodge, consisting of 105 rooms, and providing budget accommodation. - The lodge has 2 blocks, each with 25 rooms, of single accommodation with shared facilities and 2 blocks, totalling 55 rooms, of 3 bedroom ensuite accommodation with kitchenette. - A huge dining room, serviced by the commercial kitchen is provided, as well as a separate block containing the common room with pool table and lounge. - The swimming pool is available for guests and is well maintained.

Potential
A current DA provides for the complex to be remodelled to provide 70 ensuite motel rooms. - Could target facebook. -A strong marketing campaign to increase occupancy rate. - Reopen dining room.

Features
Great location. - Cheap tariff. -Very quiet. - Close to all facilities and university.

Premises
This freehold has a total area of 2.03 ha. consisting of single storey lodge accommodation constructed of concrete block + owners residence.

Location
Great location close to Uni and airport West of Brisbane

Trading Hours
As required.

Lease
Freehold.

Employees
1 owner + casuals as required.

Comments

Property Information

Location:

Great location close to Uni and airport West of Brisbane

Business Operation

Expansion Potential:

A current DA provides for the complex to be remodelled to provide 70 ensuite motel rooms. - Could target facebook. -A strong marketing campaign to increase occupancy rate. - Reopen dining room.

Trading hours:

As required.

Employees:
1 owner + casuals as required.
Years established:
1980

Contact Information

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