Motel - Freehold - Investment - Motel - Freehold investment - Motel - QLD North Coast - Near Townsville - CB1302

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


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About the business

Motel - Freehold - Investment - Queensland North Coast - Agent SBX Code Number: CB1302

Freehold airconditioned motel with lease in place and with 12 ensuite guest rooms, plus another room used for storage, providing a good range of accommodation options - All rooms have tea/coffee making facilities, fridge, microwave oven, flat screen TV and free wifi access - A comfortable separate two storey airconditioned residence of 3 bedrooms and two bathrooms has a kitchen capable of providing room service meals also contains the office/reception area - The motel is located in landscaped gardens and guests have access to an attractive in ground pool with gazebo style shelter. Freehold Only .

Potential
Provide room service meals - Obtain liquor license - Provide Foxtel to rooms which is currently available to residence - Update computer software - Attend to minor cosmetic appearance issues.

Features
Great position - Strong passing traffic - Easily managed - Close to all amenities

Premises
Single storey Besser brick premises with separate 2 storey 3 bedroom premises and a total area of 1500 sq. mts.

Location
Main highway frontage in strong regional town close to coast in North Queensland.

Trading Hours
As required.

Lease
New lease commenced 20 Dec .2016 expires 19 Dec 2026 + 5 + 5 + 5 + 5 years - increasea C.P.I.- nil bond.

Employees
1 owner.

Comments
Income is gst inclusive - Buildings are built to cyclone proof standards - Lessee pays all outgoings

Figures
Weekly Sales $1100
Rent (ex GST) $0
Wages $0
Profit $1100


Agent SBX Code Number: CB1302 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$658,000
Yearly Profit :

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Country

Australia

State

Queensland

Suburb

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Postcode

4807

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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