SOLD

Boutique Motel For Sale

QLD
Boutique Motel For Sale

Last asking price $3,100,000

Sold June 2023

Accommodation

ForceOne Realty is pleased to offer a very rare and unique opportunity to acquire a presented and boutique accommodation freehold business which has been in successful operation for many years. To be offered as a going concern, the property will appeal to both owner operators and investors to run under management.

This freehold property is situated 1 kilometres from Brisbane CBD. It is in a prominent location in the vibrant and cosmopolitan precinct. This Suburb is well regarded for its closeness to the city centre, publish transport, which has undergone extensive redevelopment and rejuvenation over the last decades. As this area continues to grow, developments will play an increasingly important role in attracting visitors from home and abroad. Also this motel is a popular spot for those who enjoy the relaxing atmosphere with a variety of venues, cafes, night clubs, galleries and entertainment options.

Facilities include:
• 20+rooms including a single, double, queen, and twin accommodation.
• All rooms are ensuited and include air conditioning
• Separate manager's office adjacent to reception
• Reception
• Kitchen
• Internet Area
• Storage Room
• All rooms are cabled for internet and Foxtel

Staffing Structure:
The motel can be run effectively by a 2 person management team supported by contract cleaners.
The owner is enjoying a reasonable profit margin annually while the freehold property is growing considerably due to the super location.

Asking Price: $3,100,000 WIWO (Including freehold property plus motel business)
NB: Photos are only indicative but not the real images of the motel.

Accommodation for sale in Brisbane Region

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