Big Money Maker - Outback Freehold Motel

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The Motel: Long term owners ready to retire are offering their 11 unit freehold property for sale. The 11 units include one self contained unit. The owner's residence is one bedroom with kitchen from which breakfasts are served. Undercover parking with large vehicle parking available right next door.

The Location:  Located in a busy and renowned outback tourist destination this motel has a consistent turnover and is highly profitable. The motel is within walking distance to all tourist attractions. There is an airport with regular flights in and out.

Accommodation Units:  All 11 units are fully equipped with single/queen/king size beds, microwaves, airconditioning, and internet access.Rated to a good 3 star standard and very well maintained.

Financial:   Turnover last financial year was $205,070 with net profit of $145,737. This represents approximately a 24% return on the asking price and represents exceptional buying for a going concern freehold motel.

General Comment:  Freehold motels are not readily available, especially returning as well as this particular property. It is easily operated by a couple and presents an ideal opportunity for those that would enjoy the Queensland Outback lifestyle and earn a solid income.

Freehold:      $610,000

Freehold Motel - Stunning Position

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With  18 units, 3 bedroom residence and function room, this motel offers an outstanding opportunity to acquire a freehold going concern property situated on 1.342 hectares of pristine elevated commercial land with considerable expansion and development potential. The motel is very well presented and enjoys regular business clientele. Street appeal is excellent with with highway frontage. There is no restaurant and the business is currently operated by one lady freehold owner. Trading has been consistent and forward bookings are strong. Located in a vibrant NQ town that has every facility and amenity. Turnover last financial year was $371,000 with a net profit of $233,000. The current year is showing good increases on these figures. Inspection highly recommended.

Freehold $2.1 million