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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

*Approx.

Business Highlights

Business ID2013746813
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Category
Last updated  8 Feb 2019
Map for Stanthorpe QLD 4380Stanthorpe QLD 4380
CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201

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