Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term
Huge Price Reduction – Brisbane Short Term

Huge Price Reduction – Brisbane Short Term

$904,912 Exclusive

This no frills money maker is on the market for the first time in many years. Currently run under management, the upside for an owner operator is endless or you can enjoy the ongoing cash flow of a passive business. The current managers, who are incredibly loyal, would be delighted to provide an extensive handover.

Key Features

  • Strong occupancy from Wesley Hospital across the road
  • Above average rooms rates for like rooms in Brisbane
  • Revenue based % commissions on leaseback
  • Only pay commissions to owners if room is occupied
  • Netting $196 with strong growth
  • Many major works completed in the last few years
  • Free managers accommodation on Occupation Authority

  

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005271
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Auchenflower
Sale Type: Management Rights - All
Net Profit: $196,720
Price: $904,912

Listing Agent(s)

Agent Feedback

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L

The recent sale of our large motel was tricky and stressful to say the least. Throughout the transaction Nathan guided both us as vendors and the buyers through the process with professionalism & composure. His friendly & outgoing manner ensured that all inspections were simple and relaxed everyone. His knowledge and ability under pressure ensured we made it to settlement day.  We would thoroughly recommend Resort Brokers and Nathan to anyone looking at selling their business.

- Melanie
Vendor,
Pegasus Motor Inn