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Motel business for sale in Stanthorpe

  • Motel
  • Stanthorpe QLD 4380
  • Leasehold $300,000

1979ML - 60% ROI on New Lease

- Ideal Leasehold with room to grow.

- Brand new 15 year lease for a suitable tenant.

- 14 motel rooms, 14 cottages and a large share house.

- Has been run as a budget motel and backpackers.

- Two separate seasons - winter is tourism, summer is working backpackers.

- Opportunity to develop other income streams.

- Onsite pool, games room, camp kitchen, volleyball court, business and guest laundries, undercover parking.

- Plenty of storage and room for large vehicles onsite.

- 4 bedroom house with attached office, reception and common room.

This could be an amazing opportunity for a marketing savvy couple willing to put in some hard work and reap the benefits. The business had been a thriving budget accommodation provider but closed down last year for 3 months whilst a tidy up and makeover was done at the end of the last lease. Up and running again in a tough market, the property has averaged 62% occupancy over summer with no workers due to the minimal growing season. This property has in the past run at almost 100% occupancy for months on end when the managers were motivated.

The sky is the limit! So, bring your ideas and a positive attitude because you are coming to make some serious money for your small initial cash outlay.

Net Profit $190,459 for 2018/19

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1979ML (quote when enquiring)

Property Code: 3408

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Last updated  3 Mar 2020
Map for Stanthorpe QLD 4380
Map for Stanthorpe QLD 4380Stanthorpe QLD 4380
Tourism Brokers
32 Lamorna Ave Beecroft NSW 2119
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