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Motel business for sale in Townsville City

  • Motel
  • Townsville City QLD 4810
  • REDUCED LEASEHOLD $729,000

1944ml - Fully Refurbished, Nothing To Do, Ready Set Go Come And Get Me!

The Motel has 34 well-appointed and recently refurbished rooms of mixed configurations, providing a welcoming, comfortable and affordable accommodation to guests.

The motel is presented in excellent order and is highly regarded with a very high percentage of repeat business.

Guests can enjoy the barbeque area, off street parking, guest laundry, pay television and free Wi-Fi.

The Motel is conveniently located:

- 15 minutes from the airport, Townsville CBD and Townsville Hospital

- Walking distance of both small and major shopping centres.

- 10-minute drive from Townsville city centre

- 5-minute drive from Mater Hospital

- 8-minute walk from Townsville Golf Club.

- 12-minute drive of both Reef HQ Aquarium and the Museum of Tropical Queensland.

- Vendor Finance to approved Buyer up to $245,000.

- Terms of Vendor Finance are as follows: based on full amount financed being 36 instalments of $7,125 per month.

The large two bedroom, one bathroom residence provides a very comfortable and spacious living space with split system air conditioning.

An easy to operate, fully refurbished motel that is very profitable with everything in place for the next owner to maximise the opportunity.

Either owner operate or there is enough profit to run under passive management (25% ROI under Management).

Net Profit: $322,459 for 2020/21

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1944ML (quote when enquiring)

Property Code: 3839

Antonio Curulli
Tourism Brokers
Antonio Curulli
Tourism Brokers

Business Highlights

Business ID2017117226
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Virtual TourView Tour
Last updated  6 Jul 2021
Map for Townsville City QLD 4810
Map for Townsville City QLD 4810Townsville City QLD 4810
Antonio Curulli
Tourism Brokers
Antonio Curulli
Tourism Brokers

Business Highlights

Business ID2017117226
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Virtual TourView Tour
Last updated  6 Jul 2021
Tourism Brokers
170 Scarborough St Southport QLD 4215
Antonio Curulli
Tourism Brokers
Antonio Curulli
Tourism Brokers
Antonio Curulli

Antonio Curulli

Tourism Brokers

Call Broker
0488 030 853
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