Business Sold Killarney, Queensland 4373
Business Category Hotel Motel
SOLD
Description
Under Contract. 21% Roi Beautiful Hotel & Motel In The Heart Of Town. 1p5258
EXCLUSIVE TO CRE BROKERS. It's true, a genuine to market 20% Return on Investment FGC Hotel Motel with all retail income streams covered.
Hotel $2,090,000 + Motel $650,000.
The only hotel in town and servicing the picturesque region that is the source of the Condamine River on the Southern Downs.
Look what is on offer:
. Two hours from Brisbane
. Turnover trend line is strong
. 5 gaming machines
. A drive through bottle shop
. Very strong food and beverage
. 15 hotel rooms,
. 6 self-contained room motel and pharmacy commercial rental income
. $16m local infrastructure spending and development
. Annual Turnover > $2m (ex GST)
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.