Downtown Motel - 1986ml

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Goondiwindi, Queensland 4390

REDUCED LEASEHOLD $1.05M

Key Features

AI generated. Contact seller to confirm.

Low maintenance property in the middle of town
16 recently painted ground floor rooms
Four bedroom residence onsite
Saltwater swimming pool
Long lease with good rent ratio
Potential $80,000–$90,000 turnover increase with $20 tariff rise

Turnover: Not disclosed
Net Profit: $261,617
Rent/Lease: Not disclosed
Stock Value: Not disclosed
Established: Long lease

Business Details

Business Category Motel

LEASEHOLD MOTEL

This has got to be one of the best accommodation towns in Queensland. With all the motels staying strong on their tariffs and occupancy rates above 80% why would you buy anywhere else. This centrally located Goondiwindi motel offers a new operator long term financial security.

Offering :

- Low maintenance property in the middle of town

- 16 recently painted ground floor rooms

- 4 bed residence

- Saltwater pool

- Long lease with good rent ratio

- There is the opportunity to increase tariffs by $20 per night would increase turnover by approx. $80,000 to $90,000 with NO extra expenses.

The motel is suitable as an owner operator or to be run under management

Only enquire if you have the funds available and are ready to buy today!

Adjusted Net Profit: 3 year average $261,617

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1986ML (quote when enquiring)

Property Code: 5477