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This Is A Great Opportunity - 2299ml For Sale

Yeppoon, Queensland, Australia
Asking Price:
LEASEHOLD $1,400,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- This Leasehold motel is without doubt one of the best presented motels that we have had the pleasure of offering for sale. Modern, low maintenance and a strong upside.

- 32-unit Bed and Breakfast motel opened for business in December 2009: 26 Doubles, four Twins and two self-contained Family suites.

- True 4 star property with large open breakfast room overlooking the pool area so that groups can be catered for with ease.

- Opportunities to work further with the adjoining hotel and add value resulting in higher occupancy and tariffs is enormous and very rare.

- Owner operated by a team of two with support from three casual cleaners

- Large three bedroom residence, two with built-in robes, outside it features a balcony, barbeque area, private yard and undercover parking.

- A further $49,000 has just been spent on new carpet to 50% of the rooms, completing the carpet upgrade process.

- 43 inch Uniform HD TVs with systems throughout.

- Modern low maintenance split A/C units installed.

- Regular ongoing maintenance and upgrades.

Net Profit: $418,295 for 2022/23

Contact Lawrence Crowley from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2299ML (quote when enquiring)

Property Code: 4560