For the first time, ResortBrokers is delighted to offer this leasehold which is just nine years old. Collinsville Motel is close to the centre of the town and is a favourite for visitors to the region. This 24 unit motel is in excellent condition with modern and comfortable rooms catering for corporate, short and long stay visitors. This is an easy-to-run business with all ground floor units and a comfortable and compact manager's residence. The business has been very consistent for a number of years, and the lease shows a 36.6% return - that's well above the market!
- Brand new 30-year lease
- Very popular price point
- The motel is in pristine condition
- Excellent occupancy at 65%
- Less than one hour to major shopping centres
- Beautiful weather all year around
- Property inspections are by appointment only
