Enter The Market Before it Erupts, A Massive 38% ROI
Enter The Market Before it Erupts, A Massive 38% ROI
Enter The Market Before it Erupts, A Massive 38% ROI
Enter The Market Before it Erupts, A Massive 38% ROI
Enter The Market Before it Erupts, A Massive 38% ROI
Enter The Market Before it Erupts, A Massive 38% ROI
Enter The Market Before it Erupts, A Massive 38% ROI
Enter The Market Before it Erupts, A Massive 38% ROI
Enter The Market Before it Erupts, A Massive 38% ROI

Enter The Market Before it Erupts, A Massive 38% ROI

$495,000 FIRM

On offer is the leasehold motel, Yongala Lodge with its old world charm. It would suit a couple who could operate and work on the business and take it to new heights.

Key Features

  • Ideal beginners motel, easily managed by couple
  • 70% occupancy above average for region
  • Spacious manager’s residence in historic building
  • Opportunity for further growth
  • Rooms have been refurbished, over $400,000
  • Month on month increase in net profit
  • 80 metres from The Strand  and children’s water park

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004887
Property Type: Motel
Region: QLD - Townsville Mackay
Suburb: Townsville City
Sale Type: Leasehold
Net Profit: $190,498
Price: $495,000 FIRM

Listing Agent(s)

Agent Feedback

We cannot praise the service Des provided to us during our recent purchase highly enough! He went out of his way to ensure that every process went as smoothly as possible and actively sort to problem solve the few issues that did arise during the purchase of our passive investment. Given that we were from inter-state, Des was pro-active in sourcing a variety of industry peers for Wade to have frank discussions with regarding the viability of the tourism trade in the area as well as local infrastructure and investment. His care and diligence as well as fantastic local knowledge left us very comfortable with our decision to buy. We would be more than happy to recommend Des and his team to any potential clients as their care, communication and attention to detail are absolutely A1.  Thanks again Des- your hard work was greatly appreciated!!!

- Wade and Kylie Woods
Purchaser,
Albury All Seasons

Following the successful negotiation and purchase of our leasehold business we cannot praise the service Des provided to us during our purchase highly enough! He went out of his way to ensure that every process went as smoothly as possible and actively sort to problem solve the few issues that did arise during the purchase of our leasehold business. We found him to be honest in his negotiating skills, professional in attitude, diligent in providing us with regular updates and came to the fore when closing the deal. Des’ manner was always pleasant, his care and diligence as well as fantastic local knowledge left us very comfortable with our decision to buy. We would be more than happy to recommend Des to anyone who is looking to buy or sell in the accommodation industry. I certainly hope he is still doing this wonderful service when it is our turn to sell.

- Brad and Raylea Thomson
Buyer,
Charters Towers Tourist Park

 I would like to thank you for helping me with the purchase of Inverell Caravan Park. As soon as we spoke I realised that you would help and find what I was looking for, I cannot recommend you highly enough with the trouble you went to for me. I will only contact you when my next adventure is ready and we will find another suitable property as you did this time. Again, thanks very much.    

- Peter Greer
Purchaser,
Inverell Caravan Park