- Quality 4 star motel, only 8 years old.
- All 19 ground floor rooms are self-contained and sound proofed.
- 3 bedroom, 2 bathroom residence.
- 26 years remaining on the lease.
- Very low maintenance property and grounds.
- Strong business with government and corporate clients.
- Close to hospitals, airport and local shopping centre.
- Small conference room or breakfast room.
- Commercial kitchen.
- Good rent ratio.
On offer is this Leasehold of the highest quality four- star motel you could find. Built in 2015, this motel has everything you could want in all aspects of the design and layout. From its street appeal, the low maintenance design, the large self-contained and sound proofed rooms as well as undercover parking. Better still it’s a growing business with excellent returns and increasing occupancy.
19 rooms of varying configuration and a very comfortable and modern three bedroom, two bathroom residence with its own kitchen and laundry.
There is a small conference room or breakfast room that has access to the commercial kitchen.
The long lease and a good rent ratio creates a golden opportunity for someone to set themselves up for the long term in one of the best motels in town. Low maintenance grounds add to its appeal of limited external work.
Toowoomba is a major regional city with a population of over 150,000. The city has high quality private and public schools, excellent hospitals, the new airport flying to major cities and everything else one would expect from a major regional centre.
Give me a call today, this superb motel won’t be on the market for long.
Net Profit: $369,996 for 2022/23 (as provided by vendor accountant)
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2396ML (quote when enquiring)
Property Code: 4897
