LARGE PROFITABLE LEASEHOLD MOTEL, IN FNQ LARGEST CITY - 2324ML

- Exceptional 30-unit Motel with 18 years left on Lease.

- Strong and even growth for the last five years.

- Many major works and property improvements have been undertaken by the leasee.

- Enjoys a strong level of loyal and good repeat guests.

- All ground floor units with ample parking.

- Wide range of room styles to cater for both short term and long-term clientele.

- Long Standing and Loyal staff to assist with transition.

- 2 bedrooms plus residence above reception

- City living opportunity with solid business and offerings.

- Well-located on the major motel circuit in Queensland’s third largest city.

This Motel presents an opportunity for new owners to reap the benefits of all the hard work put in by the existing owners and enjoying a solid long lease.

The Motel enjoys relatively high occupancy and room rates and presents in excellent condition.

Email Laurence for Property inspections which are by appointment only.

Adjusted Net Profit: $497,000 ++ for 2024/25

Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2324ML (quote when enquiring)

Property Code: 5311

For more details, please email broker or call agents.