Queensland
UNDER CONTRACT
Key Features
AI generated. Contact seller to confirm.
- 35 ground floor units, all refurbished
- Good on-site parking
- Restaurant unused, convertible to residence
- Close to centre, airport, hospital and beaches
- Repeat clientele with consistent trading
- Affordable rent with long-term lease
- Turnover: $1,250,000+
- Net Profit: $648,068 (2024/25)
- Rent/Lease: New 30-year lease; rent amount not disclosed
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Motel
LEASEHOLD MOTEL
- 35 ground floor units - all have been refurbished.
- Good parking
- Restaurant not in use - could easily be converted into a comfortable onsite residence or permanent letting.
- Local restaurants within walking distance.
- Close to city centre, airport, hospital and beaches.
- Repeat clientele
- Consistent trading figures - Turnover $1,250,000+
- Affordable rent with new 30-year lease.
- Inspections are encouraged but strictly by appointment.
Adjusted Net Profit: $648,068 for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2124ML (quote when enquiring)
Property Code: 5437
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.