Motel business for sale in Stanthorpe
- Stanthorpe QLD 4380
- $625,000 (GST na)
Outstanding 4 Star Motor Inn all units refurbished. NEW 30 YEAR LEASE FOR SALE.
Stannum Lodge Motor Inn offers exceptionally clean accommodation just a short walk or drive from the center of Stanthorpe. 12 self contained suites with microwave and full crockery and cutlery as well as a small selection of bowls and dishes for snacks like cheese and crackers. All suites at Stannum Lodge are ground floor with undercover parking directly outside your suite set in landscaped gardens in a quiet environment. Outstanding Italian Restaurant for in room dining located next door.
Turnover - $394,852
Term - 30 years (5x6)
Annual Rent - $98,000
Nett - $174,195 (after rent & all operating costs)