Accommodation & Tourism business for sale in Stanthorpe
- Accommodation & Tourism
- Stanthorpe QLD 4380
- Leasehold $735,000
30 Year Lease - Strong Motel Town - 34%* Yield - 1P1129M
26 Rooms, 2 Fully Self-Contained Cottages and a Renovated Residence with Stunning Views.
Look no further for a fresh 30 year lease on a consistent performing leasehold motel.
This motel for sale has recently been renovated to a high 3.5 star standard and is presently run by a family who have rural interests that are calling them.
With strong forward bookings in place this business opportunity is showing a solid return on investment.
A very strong area for tourism, wineries, breweries and national parks. Very popular with Classic Car Clubs and Vintage Motorcycle Groups.
Trip Advisor Certificate of Excellence for 3 years running.
Motels in this location rarely come to the market so be quick.
2019 Net profit: $326,244* (after rent) - Annualised on supplied End December 2018 P&L
Averaged Net Profit: $249,342* (after rent) over 3 years including current annualised financials for 2019
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|Last updated||8 Feb 2019|