Great Starter Motel Investment Opportunity - 2347mi

Gladstone, Queensland 4680

SOLD

Key Features

AI generated. Contact seller to confirm.

  • 11 well-appointed motel rooms
  • Central city area, close to shops and restaurants
  • 3-bedroom residence with lounge and kitchen
  • Ample off-street parking for guests
  • Rapid growth area with strong investment potential
  • All buildings and property well maintained
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: Lease in place, 28 years remaining, $73,056 plus GST
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Motel

Key features:

- 11 well-appointed motel rooms

- Central city area, close to shops and restaurants

- 3-bedroom residence with lounge and kitchen

- Ample off-street parking for motel guests

- Rapid growth area with strong investment and industry

- All buildings and property well maintained and presented

- Opportunity for continuous business growth.

The opportunity has just become available to secure a very well presented 11-unit motel close to the Gladstone CBD with strong trading history.

This motel is well located in one of the main arterial roads with high visibility to all traffic in and around the Gladstone city area. Single entrance provides security for guests, there is undercover parking for all guests, inground pool and outdoor seating in front of units.

The lease has 28 years to run from 31st August 2023 with rent of $73,056 plus GST and rental CPI annual increases.

Be quick to register your interest with this one as with a solid 7.5% net return it offers an excellent investment.

Annual Rent: $73,056 plus GST

Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2347MI (quote when enquiring)

Property Code: 4797

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Tourism Brokers Tourism Brokers
Richard O'Connell

Bsale ID: 631233