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Miles QLD 4415
Sold on

Miles QLD 4415

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

FREEHOLD MOTEL WITH PROFITS INCREASING - ID 2023MF

    COVID lockdowns are over, and workers / travellers have returned. This little motel is primed to offer its new owner a good return and secure future. Located in an area that has loads of infrastructure projects occurring, the time to pounce is now!

    - Offering 12 ground floor rooms of varying configurations.

    - 3 bedroom residence.

    - Low maintenance grounds and gardens, pool and barbeque area.

    - New 39 kw solar system to save on power bills.

    - Main road exposure in the centre of town.

    - Many upgrades have occurred in the past 6 months to ensure the profitability of the business and minimise expenses- full list is available with property summary.

    Miles is in the middle of a strong agricultural area and the SW QLD gas fields. It is on the main arterial highway leading from Brisbane and caters for tradies and travellers of all kinds. It is a small friendly town approximately 2.5 hours from Toowoomba.

    This property is suitable for a couple wanting to reposition their work life and set up for their future. Turnover is increasaing month on month and the projected figures are strong.

    Projected Turnover: $325,000 for 2022/23 (based on recent months after COVID lockdowns)

    Projected Net Profit: $250,000 for 2022/23 (as provided by vendor)

    Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 2023MF (quote when enquiring)

    Property Code: 4238

    Property Highlights

    Floor Area1 m²
    Land Area1,386 m²
    ParkingAsk Agent
    Property ID2017953753
    Category
    Last updated  3 Nov 2022
    Map for Miles QLD 4415

    Property Highlights

    Floor Area1 m²
    Land Area1,386 m²
    ParkingAsk Agent
    Property ID2017953753
    Category
    Last updated  3 Nov 2022
    170 Scarborough St Southport QLD 4215

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