Sold - Charters Towers Motel

Richmond Hill, Queensland 4820

SOLD

Key Features

AI generated. Contact seller to confirm.

24 immaculate rooms
Commercial kitchen available
2 bedroom manager's residence
Over 25 years remaining on lease
Run under management for 2 years
Projected turnover for 2024/25 is $830,000

Turnover: $830,000
Net Profit: Not disclosed
Rent/Lease: Not disclosed
Stock Value: Not disclosed
Established: 2 years

Business Details

Business Category Motel

CRE Brokers are proud to be appointed Exclusive Agents for this excellent Leasehold Opportunity in thriving Charters Towers.

All 24 rooms in this motel present in immaculate condition to create a warm, positive first impression for arriving guests. There is a commercial kitchen (not currently used) and a 2 bedroom residence for the manager.

There are more than 25 years remaining on the Lease. This business has been run under management for almost 2 years - projected Turnover for 2024/25 is $830,000.