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BOUTIQUE QLD CITY MOTEL – 117ML

LEASEHOLD $190,000

Key property features:

  • 9 standard motel rooms.
  • Ample off-street parking for motel guests.
  • Attached to the Tinana Hotel.
  • Restaurant and bar facility within the same building.
  • Opportunity for continuous business income.
  • Motel only requires 3-5 hours a week to operate.
  • No requirement to live onsite.
  • Permanent weekly rentals.

 

Situated adjacent to the Tinana Hotel in Maryborough, which includes hotel bar and restaurant, close to nearby shops and amenities, this 9-room motel is a solid little business.

The motel features 9 standard rooms with on suite bathrooms with the unique adjoining restaurant and bar facilities for guests.

Currently operating remotely with the owner only required to be onsite 3-5 hours per week. All rooms are rented on a weekly basis and are self-managing.

The business has traded well through the tough Covid period, with consistent revenue over the last 3 years, and now continues to trade at high occupancies year-round.

This motel lease provides a great opportunity for the purchaser to add this business to an existing income or as a passive income providing a lifestyle with this easy to run business.

 

Net Profit: $60,109 for 2022/23

 

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

Property ID: 117ML (quote when enquiring)

 

 

Price LEASEHOLD $190,000
Location Tinana
Property ID 117ML
Category Motel

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