FOR SALE
$1,150,000-Highly motivated seller
$1,150,000-Highly motivated seller
4 Star, 83 kms north west of Toowoomba
The leasehold interest of a 21 unit motel with three bedroom owners residence and in-ground swimming pool. The motel is situated in the main CBD opposite McDonalds and other established businesses.
Occupancy - 76%
Turnover - $766,759
Annual Rental - $202,651
Nett Profit - $378,865
Term - 28 years
ROI - 33%
- Property ID: 3568
- Occupancy: LEASED
- Whole or Part Building: WHOLE
- Frontage: s
- Available: Available: Now
- Current Lease End Date: 01-01-2028
- Term of Lease: 8 Years
- Property type: HOTEL / LEISURE
- Listing type: FOR SALE
- Land Size: Square
- Outgoings Paid by: TENANT
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