Address available on request,
Ascot, QLD 4007
Hotel, Motel & Leisure
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Brisbane's Motel Market is back and this one is a ripper! | Resort Brokers ID : LH007422
Situated in Ascot, QLD, this motel property is one of the best long-term consistent performers on the Brisbane motel market. It is run by owner-occupiers since before covid 19 and prior to this, under management and is now performing at a high level. This opportunity is perfect for an incoming operator looking for a high Net profit with a decent number of rooms, all in excellent condition.
With a strong turnover, low rent under industry benchmarks, high occupancy rates that are the envy of your competitors and a motel that presents well to a loyal customer base, the time is ripe for a new leasee to take over and reap the future rewards.
- Strong and loyal customer base
- No major works forecast in the short term
- Extra long 35-year lease with 27 years remaining
- High Net profit nearing the half a million dollar mark
- Strong occupancy and very attractive forward bookings
- 25 rooms plus full-sized and spacious two-bedroom manager’s unit
- Property inspections are by appointment only
With a strong turnover, low rent under industry benchmarks, high occupancy rates that are the envy of your competitors and a motel that presents well to a loyal customer base, the time is ripe for a new leasee to take over and reap the future rewards.
- Strong and loyal customer base
- No major works forecast in the short term
- Extra long 35-year lease with 27 years remaining
- High Net profit nearing the half a million dollar mark
- Strong occupancy and very attractive forward bookings
- 25 rooms plus full-sized and spacious two-bedroom manager’s unit
- Property inspections are by appointment only
Additional information
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Property ID: 504174703Last Updated: 7 May 2024
04483399...
Address available on request
Ascot, QLD 4007
ResortBrokers - WEST ENDPO BOX 5004
WEST END, QLD 4101
WEST END, QLD 4101
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