Price information
Sale
$695,000
Key property information
Floor area
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Fully Renovated Motel in SE QLD Tourist Zone. 30% ROI - 1P4374M
Southern QLD Leasehold Motel for Sale, Exclusive to CRE Brokers.
A well located, extremely well presented, totally renovated motel in a tourist hotspot and strong corporate trade.
• 20 ground floor rooms all with undercover parking
• Large 3-4 bedroom, 2 bathroom residence and spacious outdoor area
• First motel entering town from Brisbane, Gold Coast & Toowoomba
• Only motel in town with a restaurant, suitable for corporates and coaches
• Consistently strong trading figures, $775,000 average for past 3 years
• Long lease, with low rent of $132,000
• Plenty of room to increase business
A well located, extremely well presented, totally renovated motel in a tourist hotspot and strong corporate trade.
• 20 ground floor rooms all with undercover parking
• Large 3-4 bedroom, 2 bathroom residence and spacious outdoor area
• First motel entering town from Brisbane, Gold Coast & Toowoomba
• Only motel in town with a restaurant, suitable for corporates and coaches
• Consistently strong trading figures, $775,000 average for past 3 years
• Long lease, with low rent of $132,000
• Plenty of room to increase business
Property ID: 503071622Last Updated: 7 Dec 2020
0456 *** ***
Address available on request
Stanthorpe, QLD 4380
Agency contacts
Craig Clark
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