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Motel - Freehold - Investment - Great Position. - Qld. North Coast For Sale

Brisbane, Queensland
Asking Price:
$600,000 (AUD)
Sales Revenue:
$57,200 (AUD)
Cash Flow:
$57,200 (AUD)

Freehold airconditioned motel with lease in place and with 12 ensuite guest rooms, plus another room used for storage, providing a good range of accommodation options - All rooms have tea/coffee making facilities, fridge, microwave oven, flat screen TV and free wifi access - A comfortable separate two storey airconditioned residence of 3 bedrooms and two bathrooms has a kitchen capable of providing room service meals also contains the office/reception area - The motel is located in landscaped gardens and guests have access to an attractive in ground pool with gazebo style shelter.

Potential
Provide room service meals - Obtain liquor license - Provide Foxtel to rooms which is currently available to residence - Update computer software - Attend to minor cosmetic appearance issues.

Features
Great position - Strong passing traffic - Easily managed - Close to all amenities

Premises
Single storey Besser brick premises with separate 2 storey 3 bedroom premises and a total area of 1500 sq. mts.

Location
Main highway frontage in strong regional town close to coast in North Queensland.

Trading Hours
As required.

Lease
New lease commenced 20 Dec .2016 expires 19 Dec 2026 + 5 + 5 + 5 + 5 years - increasea -.-.-.- nil bond.

Employees
1 owner.

Comments

Property Information

Location:

Main highway frontage in strong regional town close to coast in North Queensland.

Business Operation

Expansion Potential:

Provide room service meals - Obtain liquor license - Provide Foxtel to rooms which is currently available to residence - Update computer software - Attend to minor cosmetic appearance issues.

Trading hours:

As required.

Employees:
1 owner.
Years established:
1970

Contact Information

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