Scarce as Hens Teeth - Passive Investment Motel
Scarce as Hens Teeth - Passive Investment Motel
Scarce as Hens Teeth - Passive Investment Motel
Scarce as Hens Teeth - Passive Investment Motel
Scarce as Hens Teeth - Passive Investment Motel
Scarce as Hens Teeth - Passive Investment Motel

Scarce as Hens Teeth - Passive Investment Motel

$1,400,000Under Contract

A rare offering of a passive investment motel with 25 high standard three star rooms, all located on the ground floor with undercover parking. This motel is situated in a large provincial town in Western Queensland. This investment motel has had the rent adjusted to current market and new thirty year lease

Key Features

  • Long term lessee in place
  • Brand new 30 year lease commenced July 2017
  • Spacious / modern living accommodation 4 bedrooms two lounge rooms two bathrooms
  • Importantly rent has been adjusted to current market going forward
  • A well maintained and cared for motel
  • Brand new commercial kitchen
  • Brand new roof on whole motel including undercover parking
  • Pool has been upgraded

 

NB. Property inspections are by appointment only

Key Details

Listing Ref: INV004845
Property Type: Motel
Region: QLD - South
Suburb: Roma
Sale Type: Freehold Passive Investment
Net Profit: $120,000
Price: $1,400,000

Listing Agent(s)

Agent Feedback

The decision to appoint Resort Brokers and Lindsay Cooper as our Marketing Agent for Country Roads Motor Inn came naturally following his regular contact with us over the past 3 years. He visited us regularly, the only person in the industry to do so and offered advice when requested and showing utmost courtesy and empathy at all times. When listing, he took on board all our comments and came up with an agreed price and a successful marketing plan. We sold at a predetermined price within 30 days.

- Bob & Lesley Thompson
Vendor,
Country Roads Motor Inn

The service and advice given by your Senior Broker Lindsay Cooper was excellent. Coop achieved a sale in the agreed timeframe and within the targeted price range. Even more important to us was the follow up and support given during the entire process. Inevitably issues came up and Coop handled them in an extremely professional and efficient manner. He went the extra mile using his knowledge to help finalise the sale and achieve a settlement as close as possible to the projected date.

- Bob & Lesley Thompson
Vendor,
Country Roads Motor Inn