TRUE MONEY EARNER, SIGNIFICANT REDUCTION - 2834ML

REDUCED LEASEHOLD $1.5M

  • Modern build with motel constructed in 2006 and the Townhouses in 2014.
  • Currently run under management with manager's wanting to stay.
  • 34 room motel, office/ reception, restaurant (minimal), bar and manager's residence.
  • 5 x 3 bedroom with 2 bathroom serviced apartments / townhouses each with lock up garages.
  • All rooms have a kitchenette, LCD televisions, Foxtel, Wi-fi and air conditioning.
  • Highly reputable and well-established accommodation provider.
  • Low maintenance cement render with metal roofing and all in excellent condition.
  • The motel and apartments offers modern and well-maintained facilities, including spacious and comfortable guest rooms, a licensed bar and restaurant, conference rooms, and ample parking.
  • Fully licensed with a separate bar, indoor and outdoor seating.
  • Very popular with corporate guests, government employees and quality tourists.
  • Conveniently situated close to the city center, shopping precincts, restaurants, and Airport, making it an ideal choice for both business and leisure travelers.
  • Numerous opportunities to expand and enhance the business enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.
  • Major service centre.
  • New 30-year lease.

 

Adjusted Net Profit: $669,500 for 2024/25

 

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

Property ID: 2834ML (quote when enquiring)

Price REDUCED LEASEHOLD $1.5M
Property ID 2834ML
Category Motel

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