OUTSTANDING LEASEHOLD MOTEL OF 18 ROOMS IN QUEENSLAND FOR SALE. SHOWING OVER 37% RETURN!
It is a pleasure to have been appointed as EXCLUSIVE Brokers to market the leasehold interest of the Jacaranda Motel, located in St. George, Queensland.
The Motel comprises 18 very well presented rooms over a variety of bedding configurations.
There has been recent and ongoing renovations to the property and it presents to a very high standard.
The residence is a standout for this type of business,
It is a very large 3 bedroom, 2 bathroom house. There is a private yard and verandahs on both sides.
It has ducted airconditioning and the large office is attached.
There is a full commercial kitchen and also a private back yard.
The business trades at a very consistent occupancy of over 60% and benefits from a strong corporate trade with many return guests