Well-maintained And Easily Manage Well Presented And Maintained 25 Room Motel With Upside - 2029ml

Business For Sale Townsville City, Queensland 4810

Business Category Motel

LEASEHOLD $825,000 neg

Description

Well-maintained And Easily Manage Well Presented And Maintained 25 Room Motel With Upside - 2029ml

- Penthouse style three-bedroom apartment.

- New Plant and Equipment (Beds, New Air conditioners, Washing Machines, TV's, New $43,000 Security Camera, 2 x 17 Kilowatt Solar systems).

- Ideal Husband and Wife Team.

- Potential to increase Profitability.

- 21 years remaining on Lease.

- Low Rental.

- Close to Hospital, major sporting complex and University.

- High level of repeat guests.

- Onsite parking, swimming pool, outdoor guest facility.

- Superb range of different room configurations close to major sporting stadium and airport.

- Self-contained Manger’s residence.

Net Profit: $186,226 for 2023/24 (as provided by vendor)

Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2029ML (quote when enquiring)

Property Code: 5166
Contact Seller
Laurence Crowley

Bsale ID: 659607
Broker REF: tourismbrokers_50_1872

Tourism Brokers
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