Just Listed

Well-Maintained And Easily Manage Well Presented And Maintained 25 Room Motel With Upside - 2029ML

LEASEHOLD $825,000 neg

  • Penthouse style three-bedroom apartment.
  • New Plant and Equipment (Beds, New Air conditioners, Washing Machines, TV's, New $43,000 Security Camera, 2 x 17 Kilowatt Solar  systems).
  • Ideal Husband and Wife Team.
  • Potential to increase Profitability.
  • 21 years remaining on Lease.
  • Low Rental.
  • Close to Hospital, major sporting complex and University.
  • High level of repeat guests.
  • Onsite parking, swimming pool, outdoor guest facility.
  • Superb range of different room configurations close to major sporting stadium and airport.
  • Self-contained Manger’s residence.

 

Net Profit: $186,226 for 2023/24 (as provided by vendor)

 

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

Property ID: 2029ML (quote when enquiring)

 

Price LEASEHOLD $825,000 neg
Location Townsville City
Property ID 2029ML
Category Motel

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