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Miles

FREEHOLD $1,650,000

2023MF - FREEHOLD MOTEL WITH PROFITS INCREASING

COVID lockdowns are over, and workers / travellers have returned. This little motel is primed to offer its new owner a good return and secure future. Located in an area that has loads of infrastructure projects occurring, the time to pounce is now!

  • Offering 12 ground floor rooms of varying configurations.
  • 3 bedroom residence.
  • Low maintenance grounds and gardens, pool and barbeque area.
  • New 39 kw solar system to save on power bills.
  • Main road exposure in the centre of town.
  • Many upgrades have occurred in the past 6 months to ensure the profitability of the business and minimise expenses- full list is available with property summary.

Miles is in the middle of a strong agricultural area and the SW QLD gas fields. It is on the main arterial highway leading from Brisbane and caters for tradies and travellers of all kinds. It is a small friendly town approximately 2.5 hours from Toowoomba.

This property is suitable for a couple wanting to reposition their work life and set up for their future. Turnover is increasaing month on month and the projected figures are strong.

Projected Turnover: $325,000 for 2022/23 (based on recent months after COVID lockdowns)

Projected Net Profit: $250,000 for 2022/23 (as provided by vendor)

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2023MF (quote when enquiring)

Property Type Business

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Tony Johnson

0433 335 679
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