15 ROOM FREEHOLD MONEY MAKER - 2871MF

FREEHOLD MOTEL

• Same ownership for 16 years.

• Seperate 3 bedroom residence at front of the property opposite reception.

• Large lockup shed at the rear of the block with ample storage.

• Room for expansion and approval to accommodate 6 vans.

• Separate amenities block for males / females.

• Low maintenance construction.

• Seperate office adjoining additional lounge area/ commercial kitchen, motel laundry, linen store, cleaning store and front and rear access.

• Well positioned: Opposite hospital and ambulance station.

• Enjoys a strong government client mix.

• Profile position with well positioned signage.

• 4,000 m2 land.

• Single story construction.

• Front of unit parking.

• Low maintenance yard area.

• High profit showing better than 18% on asking.

Adjusted Net Profit: $235,735 expected for 2024/25 (as provided by vendor)

Contact Michael from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2871MF (quote when enquiring)

Property Code: 5185