1908ML - Great Starter Motel in Strong Regional Town

SOLD

807 m2

14 rooms
Centre of town location
Walk to everything
Low maintenance motel
Easily run with a single person or couple
Good landlord
17 years left on the lease
Excellent repeat business
Currently running with 58% occupancy
Eleven rooms have been refurbished
2 bedroom residence
Come take a look there is plenty of upside to this affordable motel

This great starter motel sits right in the middle of Bundaberg town centre. With 14 rooms of mixed configuration, this solid and consistent performer will provide a great business opportunity for a starter single/couple or even for an experienced motelier looking to downsize.

Eleven of the rooms have been refurbished including the bathrooms and all are well equipped and have flat screen televisions and split system air conditioners. The pool has been refurbished leaving little to do for any new owner. The landlord is assisting with the refurbishments making for a win-win situation.

Solid returns, with plenty of upside, minimum maintenance requirements and a good landlord, this has all the requirements of a sustainable and successful motel.

The residence is a comfortable size with two bedrooms, bathroom, good sized kitchen with a commercial stove and stainless steel splashbacks, split system air conditioner and ceiling fans. The laundry and a brand new commercial washing machine is shared with the motel.

Bundaberg is a great motel town with good tariffs, its own airport, hospitals, medical centres, good schools and all the major services that you could want. With year on year consistent occupancy allowing owners to get ahead whilst enjoying a comfortable lifestyle.

Net Profit $93,597 for 2018/19

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

Property ID: 1908ML (quote when enquiring)

Price	SOLD
Location	Bundaberg Central
Property ID	1908ML
Category	Motel

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