Reference No: 7050554

Accommodation and Tourism
Toowoomba & Darling Downs Region QLD

Price: $1,200,000

MOTEL FOR SALE - GREAT PRESENTATION - NOTHING TO SPEND

Description: First Class Presentation - Nothing to Spend.  Perfect for a couple looking to get into the motel industry.

Star Standard: 3 Star

Construction: Single storey, hardiplank construction with colorbond roof and gyprock / brick partitions.

Interior:  13 well-sized rooms all on ground floor - well presented

Age of Building: Built approx. 1965

Residence: 2 bedroom with kitchen, lounge, dining, bathroom. etc.  Own garage.  Well laid out and very comfortable.

Clientele: Rural Water, Tradesworkers, Granite Belt Wine Tourists, Passing Trade

Land Area: 2,028 sqm approx.

Tariffs: Single $120; Double $120; Premium Queen $135; Twin Share (3) $145

Motel Laundry: Yes - New linen laundered on site - 2 changes

Restaurant: N/A - cafe, hotel and shops nearby

Services: Split system reverse cycle air-conditioning; fridge, microwave oven, tea and coffee making facilities; pool; BBQ; Wifi; open courtyard parking; fire rated

Turnover: 20/21  $243,140;  19/20  $235,726;

Comment: This motel will impress.  Ideal for a starter in the industry.  Has been renovated and well looked after.  Nothing to spend.

MQ Property ID:
7050554

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Price: $1,200,000
Manenti Quinlan & Associates
Address:
Suite 101, Level 1, 74-76 Burwood Road
Burwood, NSW, 2134

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Contact: Ray Larkin
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