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Gympie QLD 4570
Sold on 1 Mar 2023

Gympie QLD 4570

  • Hotel, Motel, Pub & Leisure
  • Sold

Great Entry Level 18-Room Motel in a Booming Regional Town of Gympie | Resort Brokers ID : LH007362

    This easy-to-manage 18-room motel trades consistently well and is currently showing year-on-year growth with high occupancy rates. The motel is also perfectly situated one street back from the main road but in full view of passing motorists, so less noise and full viability.

    The leasehold business is further complemented with the large, two-storey manager's residence with three/four bedrooms and two bathrooms. Other features include a separate, fully-equipped kitchen with the dining area adjoining the main office and a second kitchen, which can be used for the motel breakfasts (if required).

    With an outstanding location just off the highway and minimal spending fees other than general maintenance, this is a perfect opportunity for one person or a two-person team to improve the bottom line. So, don't miss out on this opportunity and enquire today for further information.

    - Year-on-year growth
    - Positive landlord relationship
    - 18 years left on lease (with extension option, subject to negotiation)
    - Currently running at 87.5 per cent occupancy
    - Solar panels installed to reduce electricity costs
    - Easily operated by one person or a two-person team
    - Ideal 'off-highway' location in Gympie (out of flood zone)
    - Great returns year-on-year with solid occupancy and forward bookings
    - Strong repeat clientele with good mix of 'blue & white collar' workers
    - Property inspections are by appointment only

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold1 Mar 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018510815
    Category
    Last updated  3 May 2023
    Map for Gympie QLD 4570
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold1 Mar 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018510815
    Category
    Last updated  3 May 2023

    Listed by

    More about Gympie QLD 4570

    Gympie QLD 4570 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018510815.

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