Address available on request,
St George, QLD 4487

Hotel, Motel & Leisure

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FREEHOLD MOTEL FOR SALE, IDEAL TO SPLIT OFF LEASE IMMEDIATELY

Accommodation Business Brokers are proud to be exclusive agent to market the Jacaranda Motel freehold going concern for sale. This Motel is well positioned and the present owners have upgraded the property considerably and have gained a strong clientele base for the next fortunate owner to prosper from. This property would be great to put under management as all systems are in place and the business is showing a consistently high turnover. Alternatively, it would be an ideal purchase for a buyer looking to sell a lease and hold a passive investment. Showing a strong return on asking price, and located in a very strong accommodation town.
Net $370,017
Investment Highlights
Limitless potential
A vibrant Motel area
Ample room to move
All rooms fully refurbed
No money to spend on this one.

St George, 4487 demographic data

The median household income for St George is $1,399, 7% lower than Regional Queensland's household income of $1,507. St George has a younger age profile compared to the rest of Regional Queensland (median age 38 vs 41). Property ownership data shows 42% of property owners in St George have a mortgage.

3,130

Population

$1,399 per week

Median household income

38 years

Median age

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Most residents

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Most households

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