30 Year Lease - Strong Motel Town - 34%* Yield -
1P1129M

Industry: Accommodation/Tourism - All | Listed by: CRE Brokers
Key Strengths
About this business
26 Rooms, 2 Fully Self-Contained Cottages and a Renovated Residence with Stunning Views.

Look no further for a fresh 30 year lease on a consistent performing leasehold motel.

This motel for sale has recently been renovated to a high 3.5 star standard and is presently run by a family who have rural interests that are calling them.
With strong forward bookings in place this business opportunity is showing a solid return on investment.

A very strong area for tourism, wineries, breweries and national parks. Very popular with Classic Car Clubs and Vintage Motorcycle Groups.

Trip Advisor Certificate of Excellence for 3 years running.

Motels in this location rarely come to the market so be quick.

2019 Net profit: $326,244* (after rent) - Annualised on supplied End December 2018 P&L

Averaged Net Profit: $249,342* (after rent) over 3 years including current annualised financials for 2019

*Approx.
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Business Name / Ref #:
Contact Advertiser
Location:
QLD
Asking Price:
$735,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0456 56.....
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Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

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All Comments

30 Year Lease - Strong Motel Town - 34%* Yield - 1P1129M ListingImage
About this business
26 Rooms, 2 Fully Self-Contained Cottages and a Renovated Residence with Stunning Views.

Look no further for a fresh 30 year lease on a consistent performing leasehold motel.

This motel for sale has recently been renovated to a high 3.5 star standard and is presently run by a family who have rural interests that are calling them.
With strong forward bookings in place this business opportunity is showing a solid return on investment.

A very strong area for tourism, wineries, breweries and national parks. Very popular with Classic Car Clubs and Vintage Motorcycle Groups.

Trip Advisor Certificate of Excellence for 3 years running.

Motels in this location rarely come to the market so be quick.

2019 Net profit: $326,244* (after rent) - Annualised on supplied End December 2018 P&L

Averaged Net Profit: $249,342* (after rent) over 3 years including current annualised financials for 2019

*Approx.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$735,000

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