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Address available on request Harristown, QLD 4350

Address available on request,
Harristown, QLD 4350

Hotel, Motel & Leisure
Added 5 days ago

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Health Scare Forces Reluctant Sale

  • Located on the major thoroughfare.
  • Manager on site - easy investment
  • Great profit with so much more potential
We are proud to present the leasehold interest of this very high quality Motel which is located in the vibrant City of Toowoomba in the Downs district of Queensland.

The current owners have operated the Motel since 2021 with a full time manager in place for the past 12 months. Sadly, ill health has forced this reluctant sale.

All rooms present in excellent condition.

The Motel consists of:
• 5 fully self-contained apartments
• 22 Motel rooms
• Various configurations catering to all travellers
• High level of repeat business from both the Corporate and the leisure sectors
• Restaurant and bar that is not in use
• Large conference room is not marketed at all
• Full commercial kitchen that is not in use.
• Full time manager driving recent profits (past 12 months)

The business is located on the major thoroughfare creating easy access for clientele.

The existing lease is 5x5x12 so its perfect for the long term investor.

Email me for a detailed disclosure. Please note all parties will be required to sign a non-disclosure statement prior to sensitive financial disclosure.

Videos and floorplans are also available via email.

My sellers require a prompt sale - so don't miss this excellent opportunity.

Harristown, 4350 demographic data

The median household income for Harristown is $1,158, 23% lower than Regional Queensland's household income of $1,507. Harristown has a younger age profile compared to the rest of Regional Queensland (median age 38 vs 41). Property ownership data shows 45% of property owners in Harristown have a mortgage.

9,081
Population
$1,158 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
04317716...
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Address available on request
Harristown, QLD 4350
MacCabe Real Estate
86 Paradise Pde
PARADISE POINT, QLD 4216