FURTHER $75,000 REDUCTION, OWNER SAYS SELL! - 1922ML

SOLD

Attractive 38.8% ROI
Quality 3.5 star 15 unit motel.
Large well-appointed rooms.
Many refurbishments, little to spend going forward.
Long-time consistent performer.
Separate 2 to 3 bedroom residence.
Good forward bookings with government workers.
Excellent returns.
Great Leasehold business.

On offer is 15 unit leasehold motel located in the heart of Gin Gin. The units are all well-appointed, spacious and of a very high 3.5 star standard, with a good mix of room types to suit all guest’s requirements. The current owners have upgraded a large proportion of the motel in their 13 years of ownership and now feel it is time to sell and move onto the next project.

The residence comprises two to three bedrooms on the first floor with a large country kitchen and open living area on the ground floor, a small enclosed courtyard is ideal for children or pets. There is a large three car lock up storage plus additional storage room.

The lease has 16 years to run from November 2023 with a strong profit return for the new owners.

New owners may wish to provide meals which is something the current owners do not provide; the kitchen is large and is fitted out with commercial appliances.

Your inspection of this excellent and consistent trading motel is strongly recommended as you will not be disappointed as the presentation is as good as you will find in a 3.5 star motel.

Net Profit $164,950 for 2022/23

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

Property ID: 1922ML (quote when enquiring)

Location: Located in Central Queensland only 4 hours north of Brisbane, Gin Gin is well positioned for business and tourist activities. The town provides direct access to Bundaberg from the Bruce Highway. Business owners are attracted to the region for its beauty and lifestyle offering convenience combined with the freedom of country living. Gin Gin, like Bundaberg, is heavily dependent on the industry, with plantations dotted throughout the area. Cattle production also features prominently. In recent years small cropping has taken off across farms in the district.

Price	SOLD
Location	Gin Gin
Property ID	1922ML
Category	Motel

Quick Links

Confidentiality Agreement

1. Personal Information

Please enter your first name. Please enter your last name.

Please enter your email address.

This is not a valid email. An email must contain the @ symbol.

Please enter your Phone number.

A vaild phone number requires at least 10 digits.

Please enter address.

Please enter suburb.

Please enter postcode.

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
Centralised Administration 32 - 34 Lamorna Avenue
Beecroft NSW 2119

Ph: 1300 512 566 (International +61 2 9872 9943)
Fax: 1300 571 479 (International +61 2 9872 1464)

Email: sales@tourismbrokers.com.au

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.

To maintain the confidentiality of the information and material made available to me/us, I/we agree as follows;

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.

b) Any copies made of the information and material will only be for the purpose of internal communications and that a system will be instituted to facilitate the recovery of any such copies.

c) To undertake to return all information and material (including any additional copies) toTourism Brokers.

This undertaking shall not apply to information and material that;

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

b) Was already known to me/us before the date thereof.

c) Is subsequently provided or disclosed to me/us by a third person who has the right to provide or disclose same.

d) Is disclosed by me/us pursuant to any law or order of any court, of any governmental agency or other regulatory body with whose instructions me/us are bound to comply with.

Although I/we understand that Tourism Brokers Pty Ltd, Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers and the Vendor and their Solicitors believe that the material to be provided is accurate to the best of their knowledge, I/we acknowledge that no representation or warranty has been made or given as to the accuracy or completeness of any information or material obtained. I/we agree that neither Tourism Brokers nor the Vendor or their Solicitors have any liability to me/us or any of our advisers or representatives, arising from the selection or use of the information or material by me/us and any associates.