OWNER SAYS SELL - 2040ML

REDUCED LEASEHOLD $379,000

Great leasehold motel with multiple upside opportunities!

15 well-appointed rooms.
Very high percentage of repeat business with a diverse range of clients.
5 acre land area.
Stand-alone Licensed Restaurant and Bar.
Genuine upside opportunity to improve and/or diversify.
Large 4 bedroom, 2 bathroom residence.
Consistent trade.
With the introduction of solar panels this will bring in reductions in the overall electricity costs going forward, providing an additional benefit for the new owners.
2.5 hours from Brisbane and 1 hour 40 mins from Toowoomba.
Well worth an Inspection.

This is a great leasehold opportunity for those looking to secure a consistent performing motel with substantial upside in a country location, yet within easy access to the coast and Brisbane. Beautiful rural setting. Situated right opposite Nanango’s highly maintained golf course. The motel is located on a large level five acre site.

The road outside the motel was resurfaced in January 2022. New free Wi-fi with off-street parking for trucks, trailers and large vehicles.

There are 15 well-appointed quality units offering a good variety of room styles to suit all guest needs and all units have full undercover parking directly outside. The motel is rated at 3.5 star and all units present in very good condition. All rooms have brand new split system air conditioners installed October 2021.

The owner’s residence is a large four bedrooms, two bathrooms with spacious living areas together with a full kitchen and direct access to the reception and back-office area. Fully air conditioned and fully fenced private resident back yard.

There is a free standing and refurbished restaurant with large separate licensed bar and seating for up to 60 guests. It has a reverse cycle air conditioner for year-round comfort plus an open fireplace for winter enjoyment.

A country located motel with scope to further improve and diversify, this motel is well worth an inspection.

Net Profit: $150,951 for 2022/23

Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2040ML (quote when enquiring)

Price	REDUCED LEASEHOLD $379,000
Location	Nanango
Property ID	2040ML
Category	Motel

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