3 1/2 Star, 385 kms north of Brisbane
The leasehold interest of a 17 unit motor inn. The motel features ground-floor newly renovated suits with undercover parking. All suites have queen-sized beds, LCD TVs, in house movies and split system air-conditioning. The motel has an outdoor swimming pool and spa, BBQ area and guest laundry.
Occupant - 80% +each of the last 10 years!
Turnover - $644,588
Annual Rental - $149,938
Net Profit - $224,207
- Property ID: 3180
- Occupancy: VACANT
- Whole or Part Building: WHOLE
- Available: July 24, 2016
- Term of Lease: 23 Years
- Property type: HOTEL / LEISURE
- Listing type: SOLD