NORTH QUEENSLAND LEASEHOLD MOTEL , 40% RETURN AND 25 YEAR LEASE. FULLY RENOVATED!
We are excited to have been appointed as EXCLUSIVE Brokers to market the leasehold interest of this high performing Motel leasehold business.
Q Express Motel is located on the Bowen Road Motel strip in Townsville in North Queensland.
It has easy access and also offers parking for trucks and large vehicles.
Recently renovated after the Townsville floods, the Motel presents in excellent condition and is ready for new owners to move in and reap the rewards.
There is a total of 34 rooms with a combination of room types including 4 family rooms.
The Motel is located close to Cafes and Restaurants, so there is no food preparation at all.
There is a comfortable renovated Manager’s apartment and great guest facilities.
This property enjoys a high level of repeat business from both the Corporate and Leisure markets.
Inspect now as this is a very rare offering showing a return of 40% and offering a 25 year lease!