Price Reduced

Vendor meets the market, Now Priced To Sell

NOW PRICED TO SELL - VENDOR HAS MET THE MARKET TO FACILITATE A SALE. 27.5% ROI Brisbane Motel.
Resort Brokers offers a leasehold on one of Brisbane’s best-maintained motels with 30 years left on a 35-year lease. The net profit has dropped in the last 12 months having the property run under management and the owner wants out to explore other business opportunities. Netting approx. $235k and priced to sell, this property is the one you’ve been looking for!

  • Net profit of $234k to Sept 2018
  • 30 years remaining on a 35 year lease
  • Still strong occupancy in the last twelve months
  • Fantastic average nightly room rates
  • Fantastic condition motel
  • Can be run as an investment or an owner operator

 

NB: Property inspections are by appointment only

Interested? Why not give Nathan Eades a call on 0448 339 920 or