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A sixteen ground floor room Leasehold Motel for Sale, boasting three generous family rooms and guest swimming pool. Easily accessible and just off the northern arterial of Gympie Road, this business has provided a lifestyle and income for the current Leaseholder for EIGHTEEN YEARS.
CRE Brokers proudly bring this business exclusively to market for the first time in eighteen years.
. Sixteen quality ground floor rooms;
. Newly renovated Manager's residence; with three bedroom two bathroom;
. Opportunity for the canny buyer to grow this business;
. After eighteen years, retirement is calling the vendor;
. Showing more than 31% Return on Investment;
. 26 years remaining on lease (as of 20 July 2019)
. PRICED TO SELL NOW!!!!!!!!!!!!!
With a long lease, this business should provide the next pioneering and spirited Motelier with an excellent foundation to build for their future.
$121,003 Net Profit