Description: Quality boutique motel with 'wow factor' in busy service centre on the Queensland border. Very high quality fit-out with excellent trading history. Very easy business to operate with solid returns.
Star Standard: 4.5 star (conservative) self rated
Construction: Building in 'as new' condition. 6 boutique luxury units fully self-contained. Single storey rendered brick construction with rendered brick wall partitions and cliplock iron roof. 1 x 3 bedroom apartment & 5 x studios - excellent with outstanding appointments, beautifully decorated. Very generous size units.
Residence: No Manager's accommodation. There is an option to purchase adjoining land (large block) for expansion.
Land Area: 809 square metres approx.
Age: Opened Jan 2007 approx.
Clientele: Mainly corporate and professional trade, weekend tourist business. Loyal clientele.
Tariffs: Standard Studio $179; Business Studio $184; Corporate Studio $189; Executive Studio $199; Family Studio (2) $199 (Extra Person $25); 3BR Apartment (2) $230 (Extra Person $25)
Chain Affiliation: No
Occupancy: 85%
Laundry: As new full commercial equipment. Sheets and slips hired. Towels owned and laundered on site. Two rooms have washing machines and dryers.
Restaurant: No
Services: Split system reverse cycle air conditioning, individual instant gas hot water, open courtyard parking, Wifi, fire rated.
Turnover: 2019/20 $248,909; 2018/19 $277,262; 17/18 $278,417
Comment: Outstanding absolute Boutique Motel, CBD location in busy Queensland City. Central to all shops, cafes, clubs and hotels. No better inspection.
MQ Property ID:
6594806
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