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      Motel business for sale in Ascot

      • Motel
      • Ascot QLD 4007
      • $1,225,000 + SAV

      Amazing Motel With Over 30 years Lease! | Resort Brokers ID : LH005366


      Resort Brokers offers a leasehold on one of Brisbane’s best maintained motels with over 30 years left on a 35 year lease. Netting just on $300k and priced to sell, this property is the one you’ve been looking for!


      • Nett profit of $296,131 to March 2018

      • Over 30 years remaining on a 35 year lease

      • Over 80% occupancy in the last twelve months

      • Fantastic average nightly room rates

      • Fantastic condition motel

      • Can be run as an investment or an owner operator


       
      NB: Property inspections are by appointment only

      Business Highlights

      Business ID

      2014501173

      Last updated

      02 Nov 2018

      Category

      Motel, Accommodation & Tourism, Real Estate, Professional Services

      Map for Ascot QLD 4007

      362 Montague Rd West End QLD 4101

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