Biloela QLD 4715

Looking for one of the best in the west? At $599,000 and yielding a net profit of $248,000 (plus free-living), this leasehold on Biloela Palms Motor Inn is the greatest opportunity ResortBrokers has seen on its books in a long time. This 25-unit motel, with well-appointed rooms, currently enjoys a 68% occupancy and has fantastic forward bookings. Boasting the same owner for the past 21 years, and with a new 35-year lease, bring your broom and move right in.

- New 35-year lease (negotiable)
- Spacious three-bedroom living accommodation
- Decommissioned restaurant - could easily be recommissioned to start offering meals with a capacity for 50 seats
- Fantastic forward bookings consistent return clientele
- Highly visible highway location
- Bustling Central Queensland hub
- Property inspections are by appointment only