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Motel Leasehold For Sale - Qld - Beautifully Presented For Sale

Nanango, Queensland, Australia
Asking Price:
Leasehold $395,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

15 room motel set on 5 acres opposite golf course. Great mix of clientele.

Star Standard: 3.5 Star

Construction: Single storey brick construction with colorbond roof and brick wall partitions. As new - modern colonial - presents very well - nothing to spend.

Interior: Delightfully presented, modern and well maintained.

Age of Building: Built 1980s

Land Area: 5 acres

Tariffs: Twin $155; Standard Queen $145; Queen & Single $155; Queen Superior $155; Deluxe Suites $200

Turnover: July to December 2022$291,691; 21/22$386,282; 20/21$469,326

Lease Term: Expires 2041

Rent: $11,815.05 Per Month inclusive of GST

Occupancy: 66% July to December, 2022

Laundry: Commercial. Combination of hired and owned linen, Two changes of linen in as new condition. Guest Laundry.

Restaurant: 60 seat, licensed

Services: Room Service, air-conditioning, salt water pool, parking, tea and coffee making facilities in rooms, Wifi, fire rated

Clientele: Corporate Guests, Workers, Tradies, Holidaymakers, Couples Weekends, Stopover Travellers.

Residence: Four bedrooms with built-in wardrobes, kitchen, lounge, dining, bathroom, private yard, 3 x sheds (garden, wine, appliance/ tool shed). Large family residence. Presents very well.

Comment: Just 2.5kms to town centre. Beautifully presented motel located opposite golf course.

MQ Property ID:
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