Motels for sale QLD - Motel Brokers
3 1/2 Star 125 kms north of Bundaberg
The leasehold interest of an impressive 13 unit motel including Cody's Place (licensed tapas restaurant) which is leased out on a 3 x 3 lease. All units are self-contained. Beautiful large 3 bedroom owners residence. Facilities include kitchenettes in all rooms, large screen TVs, split system air conditioners and free WIFI access to all room.100m to beach & 200m walk to shopping centre.
Turnover - $384,179
Nett Profit - $137,612 after rent & all operating costs.
Annual Rent: $100,000 +GST (annual CPI)
Excellent Return (8.7%) on Passive Investment Motel
Beautifully maintained quaint 14 unit freehold passive investment motel. Trending business in this well run property . Prominent highway position. Close to all CBD amenities & short walk to new shopping centre.
Annual rental: $77,586 + GST
$895,000 8.7% Passive Investment
VENDOR FINANCE - BEAUTIFUL COUNTRY MOTEL
The leasehold purchase of a 14 unit motel with restaurant, pool, 3 bedroom owners residence, pay TV and wifi situated again the glorious backdrop of country Queensland.Owner is offering VENDOR FINANCE.
Occupancy - 56%
Turnover - $484,980
Annual Rental - $105,000
Nett Profit - $164,524
Purchase Price - $465,000
$465,000 vendor finance available