Just Listed

EXECUTIVE LONG TERM MONEY EARNER IN THE TOOWOOMBA CBD - 2900ML

LEASEHOLD $5,400,000 + SAV

  • You will be proud to own this opportunity - new to market, second owner.
  • Modern (Built 2016, officially opened 2017) low maintenance corporate motel leasehold business.
  • 54-room upmarket hotel with various room configurations.
  • All rooms feature a king size bed (some can be split into twin singles), an ensuite, complimentary Wi-Fi and tea/coffee making facilities.
  • Bathrooms are fully tiled with frameless glass screened shower, toilet suite, wall hung vanity unit with hand basin and wall mirror.
  • Porches or balconies are provided to most rooms and several rooms have provision for interconnection.
  • Comprehensive guest and operational facilities including reception and guest lounge areas, administrative office.
  • Computerised booking system in place which is supported by the property website and OTA booking options.
  • Long term lease with exceptional landlord.
  • Long establish management team and staff in place.
  • Onsite fully staffed restaurant with indoor and outdoor dining / entertainment options.
  • Very low maintenance grounds and practical service areas.
  • 2 bedroom manager’s residence.
  • One of the most modern offerings in Toowoomba.
  • Significant upside opportunity.
  • Exceptional and proven business.
  • High quality corporate business during the week and mixed social business during the weekend due to the properties offering, quality and central CBD convenient location.
  • Short stroll to the Toowoomba CBD with views of spectacular Queens Park, a stone’s throw from the Grand Central Shopping Centre, Laurel Bank Park and near all the great shopping and restaurants on offer in Toowoomba.
  • Walk to Toowoomba Base Hospital.

 

Adjusted Net Profit: In excess of $1.2M

 

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

Property ID: 2900ML (quote when enquiring)

Price LEASEHOLD $5,400,000 + SAV
Location Toowoomba City
Property ID 2900ML
Category Hotel

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