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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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