LOW PRICED LEASEHOLD MOTEL OF 21 ROOMS SHOWING ALMOST 60% RETURN IN QUEENSLAND.
We are pleased to offer the leasehold interest of this Motel, located in Munduberra in the centre of Queensland citrus Country.
This Motel has a total of 21 ground floor units and boasts a very large 4 bedroom Manager’s residence.
There is a licensed Restaurant and cocktail bar that is fully staffed and is a popular venue for local functions as well as offering meals to the guests of the motel.
It trades with good occupancy and more than half of the guests are return customers.
Catering to both the leisure and Corporate trade, this property is a great business for a new owner.
With 10 years remaining on the lease, the Motel has been priced to sell.
The Landlord is happy to offer more years on the lease at a cost to be negotiated.