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Toowoomba QLD 4350
Sold on 30 Jun 2023

Toowoomba QLD 4350

  • Hotel, Motel, Pub & Leisure
  • Sold

Blue Chip 4 Star Toowoomba Leasehold | Resort Brokers ID : LH007346

    ResortBrokers is delighted to present to market the outstanding 34-room Ambassador on Ruthven and Seasons Restaurant to market. This superior quality leasehold motel is currently run under management very successfully. It presents in excellent condition with streamlined business processes already implemented. A long list of upgrades and improvements over the past couple of years has put the business in a terrific position to capitalize on the swiftly growing Toowoomba market. Increasing tariffs and occupancy are pushing the turnover and bottom line net profit in a skyward trajectory. This property will impress any buyer.

    - General manager willing to stay on
    - Streamlined business processes completed
    - Award-winning independent motel
    - Extensive upgrades completed
    - Significant 34-room, 4-star motel
    - Good rent ratio
    - Solid forward bookings with rising market outlook
    - Major local infrastructure growth corridor
    - 23% ROI under management
    - Property inspections are by appointment only

    Property Highlights

    Date Sold30 Jun 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018233693
    Category
    Last updated  4 May 2023
    Map for Toowoomba QLD 4350

    Property Highlights

    Date Sold30 Jun 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018233693
    Category
    Last updated  4 May 2023
    362 Montague Rd West End QLD 4101

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