Freehold Motel Offered Under Replacement Value - 2371mf
Business For Sale Miles, Queensland 4415
Business Category Motel
REDUCED FREEHOLD $3.3M
Description
Freehold Motel Offered Under Replacement Value - 2371mf
- Exceptional quality motel only 8 years old in an area where business is starting to BOOM again and a real opportunity to capitalise on the market.
- Motel was built with professionals / workers in mind and has the quality to match.
- 24 executive quality motel rooms, modern, low maintenance with a good layout.
- Underutilised commercial kitchen and bar.
- Dining area / conference room - seats approximately 30 people.
- Rare, quality 3 bedroom residence attached to reception.
- Guest laundry, two storage rooms and ample storage with a good layout.
- Plenty of parking onsite, low maintenance concrete areas and on the road areas for larger vehicles if so required.
This is a genuine, rare and outstanding offering, we could rave on for ages about the build quality, but you need to see the property in person to appreciate it.
So, let's just cut to the chase! The motel is under management and performing poorly compared to the rest of the market. The owners genuinely want the property sold to focus on other areas and business opportunities. Replacement value is well in excess of a ballpark of $4.6M.
Modern low maintenance construction with a significant depreciation allowance available. Commenced operating in 2014.
We are offering you a million reasons plus to buy this motel - so call now and secure it before someone else does.
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2371MF (quote when enquiring)
Location: Miles is situated on the crossroads of the Warrego and Leichhardt Highways and is an ideal stopping place for travelers heading west to the Stockman's Hall of Fame or north to the Great Barrier Reef. The economy of Miles is based mainly on agriculture and cropping, producing wheat, sorghum, barley and cotton. Timber production is another area of economic activity and in common with much of Western Queensland, cattle and sheep grazing, including feedlots is widespread. In addition, a mining industry utilising rich deposits of bentonite clay is under development and a new coal mine recently started operations. Also rail upgrades are proposed and a Qld Gas Power station.
Property Code: 4247
- Motel was built with professionals / workers in mind and has the quality to match.
- 24 executive quality motel rooms, modern, low maintenance with a good layout.
- Underutilised commercial kitchen and bar.
- Dining area / conference room - seats approximately 30 people.
- Rare, quality 3 bedroom residence attached to reception.
- Guest laundry, two storage rooms and ample storage with a good layout.
- Plenty of parking onsite, low maintenance concrete areas and on the road areas for larger vehicles if so required.
This is a genuine, rare and outstanding offering, we could rave on for ages about the build quality, but you need to see the property in person to appreciate it.
So, let's just cut to the chase! The motel is under management and performing poorly compared to the rest of the market. The owners genuinely want the property sold to focus on other areas and business opportunities. Replacement value is well in excess of a ballpark of $4.6M.
Modern low maintenance construction with a significant depreciation allowance available. Commenced operating in 2014.
We are offering you a million reasons plus to buy this motel - so call now and secure it before someone else does.
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2371MF (quote when enquiring)
Location: Miles is situated on the crossroads of the Warrego and Leichhardt Highways and is an ideal stopping place for travelers heading west to the Stockman's Hall of Fame or north to the Great Barrier Reef. The economy of Miles is based mainly on agriculture and cropping, producing wheat, sorghum, barley and cotton. Timber production is another area of economic activity and in common with much of Western Queensland, cattle and sheep grazing, including feedlots is widespread. In addition, a mining industry utilising rich deposits of bentonite clay is under development and a new coal mine recently started operations. Also rail upgrades are proposed and a Qld Gas Power station.
Property Code: 4247
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
