Resort Brokers have pleasure in offering for sale the leasehold interest of Motel on Gregory an extremely attractive boutique Motel complex ideally situated in popular Gregory Terrace on the fringe of Brisbane CBD. The motel is within the Queensland Country Women’s Association freehold complex and until Sept 2017 was also run by the association. The business was purchased on 13 September 2017 by a management couple with strong experience in the hospitality industry and they already have made significant improvements within the business. However they have decided to return to live on the Sunshine Coast to be close and able to offer assistance to their family.

Key Features

  • Reception area and caretakers office (storage)
  • Commercial kitchen (not currently utilised)
  • Air-conditioning systems and fans in all rooms
  • Guest laundry facilities
  • Breakfast dining room
  • 3 function rooms plus enclosed verandah
  • Undercover parking (14 spaces available)
  • Located within walking distance of restaurants and entertainment precinct

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005405
Property Type: Motel
Region: QLD - Brisbane
Suburb: Spring Hill
Sale Type: Leasehold
Net Profit: $338,908
Price: $1,350,000

Listing Agent(s)

Agent Feedback

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

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

We would like to thank Nathan and Resort Brokers for their excellent service and support during the purchase of our Management Rights. This is the second time we have dealt with Resort Brokers and again we have found them to be very professional in all our dealings. 

- Stuart & Mary McCaul
Buyer,
Henley Apartments