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Motel Leasehold For Sale - Queensland Border

Queensland, Australia
Asking Price:
$295,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: The winterless north, right on the border. B&B in town centre. Short walk to all amenities. Smartly presented motel. Busy with worker trade year round.

Star Standard: 3½ star

Construction: Mostly single level, only 2 units on second floor. Brick construction with clip-lock iron roof and brick wall partitions. Spacious rooms in excellent condition.

Residence: 2 bedroom, 1 with built-in, kitchen, lounge, dining, bathroom. Good roomy residence.

Age: 50 years

Clientele: Workers, tourists, passing trade interstate.

Land Area: 1,529sqm approx.

Tariffs: Single $115; Double $120; Twin $125; Family (5) $150; Family (6) $160

Chain Affiliation: Budget

Lease: Until 2039. Rent $12, 285 Per Month including GST

Laundry: Commercial laundry. Sheets hired (towels, face washers and bedspreads laundered on site). Linen in 'as new' condition.

Restaurant: No, short 5 minute walk to clubs, restaurants, cafes and shops.

Services: Room service - breakfast, pool partly undercover, air conditioning, undercover parking, BBQ, cooking facilities - microwave ovens, toasters, etc., Wifi, fire rated.

Turnover: 18/19$422,889; 17/18$436,750

Occupancy: 55% approx.

Comment: Spotlessly presented 19 room motel close to town centre. Can be easily managed. Perfect for a couple looking to get into the industry.

MQ Property ID:

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