2 Hotel & Leisure Properties For Sale in Hendra

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

Motel - Freehold - For Sale

It is located at popular area Ascot in Brisbane. Freehold motel with 25 rooms equipped with reverse cycle air conditioning.
Site: $1812 m2
Current Rent: $353,054.94
Units in motel: 25
Manager Unit: 1 bedroom plus 1 studio unit
This leasehold motel is located at popular suburb Ascot close to airport and train station. The site is 1812m2 approx. This motel is well-equipped and well presented with swimming pool, spa, and BBQ. All furniture are new and the building age is only 20 years. It has consistent increasing turnover. The large owner's residence includes one studio and one bedroom. It...