TOOWOOMBA, QLD 4350

Region: QLD - Downs region

Sale Type: Motels - Leasehold

For Sale

$435,000

Profit: On application

TOOWOOMBA LEASEHOLD GREAT STARTER MOTEL FOR SALE!!

We are offering the leasehold interest of a very well presented 3 star Motel of 13 rooms, located in Toowoomba on the Southern Downs region of Queensland.
This Motel benefits from being so close to the Hospital and associated Medical facilities as well as Toowoomba Grammar School.
The Vendors have recently replaced all of the air conditioners with split systems.

The Motel has a contract with a major local Company and has a consistent occupancy of 75% .

There are 21.5 years to run on the lease and the Residence is a delightful fully self contained 2 bedroom apartment about the Reception area.

Net profit of over $130,000 makes this a very solid purchase for new owners.

Details

  • Listing ID: R2-2014944
  • Property Type: Motels
  • Sale Type: Leasehold
  • Region: QLD - Downs region
  • Suburb: TOOWOOMBA, QLD 4350

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