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Warwick QLD 4370

  • Hotel / Leisure
  • 809 m²
  • For Sale, FHGC $1,328,000

A Chic Boutique Apartment Motel Walking Distance from the Heart of Warwick - 1P4608M

PRICE REDUCED. Six styled and chic self-contained ground floor apartments on an 809m2 Motel Freehold site. Earning a Net profit $202,208 for 2017/18 (provided by vendor), this business stands on its own reputation as offering more than the typical Motel room.

The physical appearance and foundation of this building developed with design principles and styling as fundamental to the end product, the effect creating, a transcending and restful experience for the short or long stay traveller.

The business performance is underwritten by the current owners' sound twelve year performance history on-site and solid understanding of the short term accommodation sector in Warwick. There is nothing in Warwick by which to compare.

There is no residence on the Apartment Motel site and a typical workday schedule is operationalised to be four hours per day to produce a Net Profit of $202,208.

Property Highlights

Property ID2015411358
Floor AreaAsk Agent
Land Area809 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  30 Sep 2019
Map for Warwick QLD 4370
CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201

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