2023MF - FREEHOLD MOTEL WITH PROFITS INCREASING

FREEHOLD $1,650,000

1,386 m2

COVID lockdowns are over, and workers / travellers have returned. This little motel is primed to offer its new owner a good return and secure future. Located in an area that has loads of infrastructure projects occurring, the time to pounce is now!

Offering 12 ground floor rooms of varying configurations.
3 bedroom residence.
Low maintenance grounds and gardens, pool and barbeque area.
New 39 kw solar system to save on power bills.
Main road exposure in the centre of town.
Many upgrades have occurred in the past 6 months to ensure the profitability of the business and minimise expenses- full list is available with property summary.

Miles is in the middle of a strong agricultural area and the SW QLD gas fields. It is on the main arterial highway leading from Brisbane and caters for tradies and travellers of all kinds. It is a small friendly town approximately 2.5 hours from Toowoomba.

This property is suitable for a couple wanting to reposition their work life and set up for their future. Turnover is increasaing month on month and the projected figures are strong.

Projected Turnover: $325,000 for 2022/23 (based on recent months after COVID lockdowns)

Projected Net Profit: $250,000 for 2022/23 (as provided by vendor)

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

Property ID: 2023MF (quote when enquiring)

Price	FREEHOLD $1,650,000
Location	Miles
Property ID	2023MF
Category

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
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Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

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a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

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a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

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