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Toowoomba City

SOLD

2683ML - GREAT FIRST TIME MOTEL

If you have been looking for a good motel to bring the family up in then look no further.

Located in QLD largest inland City, Toowoomba, this motel is easy to run and has a residence large enough for all the family.

  • Solid brick building with newly painted colourbond roof.
  • 19 well maintained ensuited rooms of various configurations.
  • Onsite pool and barbeque area.
  • Renovated reception at the front of the property.
  • Large 4 bedroom residence that could be easily converted to dual occupancy.
  • Long 25 year lease with realistic rent and good landlord.

The current leaseholder has taken pride in their motel and maintained it to a very good standard. After 5 years operating the motel they have decided to retire and hand the motel to someone with motivation to work hard and make good money.

The rent is low for 19 rooms and that means that more money goes in your pocket.

Running at approx. 50% occupancy over the past 2 years means there is an opportunity to grow the business as we all trade out of COVID.

Don’t miss out on this chance to secure a motel in a great city to raise your kids OR to enjoy life whilst working for yourself.

Net Profit: $151,933 for 2020/21

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2683ML (quote when enquiring)

Property Type Business

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Michael Philpott

0433 137 927
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