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1811ML - Starting Point in Strong Motel Town

GOONDIWINDI QLD, 4390

For Sale

Property for Sale in GOONDIWINDI QLD, 4390

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11340418
Status:
Active
For:
Sale
Price:
OPEN TO ALL OFFERS
Last Updated:
25/06/2020
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Property Type

Hotel/Leisure
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Land Area

N/A
Icon size

Floor Area

1 SQM
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Parking

N/A

1811ML - Starting Point in Strong Motel Town

Goondiwindi is one of the strongest motel towns in all of Queensland and here is your chance to get a foot in the door and make some serious coin if you are willing to put in the hard work.

What do you get as a starting point?

- 19 budget rooms in quiet position only 400m from the main street.

- Walk to CBD, shops, pubs, restuarants, etc.

- Onsite pool, barbque area and low maintenance grounds.

- Undercover parking for guests.

- 2 bedroom residence attached to motel but separate to reception.

- No restaurant, only breakfast if you choose to offer it.

This is a serious opportunity to add capital value to your asset. This is a town where some motels run over 85% occupancy and you have a starting point around 60%. Don’t be fooled, you are not buying a high 4 star property but the bones are here and with 19 rooms, small improvements will add to the bottom line very quickly. It can be easily managed by a hands on couple with casual cleaners. This is an ideal first time operation with a approximately 20 years still on the lease and nothing to lose.

Be brave and set your sights on making a change today!.

Net profit $101,796 for 2018/19

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

Property ID: 1811ML (quote when enquiring)

Property Code: 3072

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


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