Motel Lease for sale on the Gold Coast
Leasehold Motels of this calibre are highly sought after that is rarely available.
A nice clean 2-level 14 Room Motel with a separate 3 - bedroom Manager’s Unit. The 14 rooms comprise of 4 x Queens, 6 x Queen & Single and 4 x Family Rooms (Queen + 3 x Singles).
Upstairs units have their own private balcony.
All rooms are fully air-conditioned, excellent parking plus onsite BBQ area and a Pool.
The Manager’s Unit comprises of a separate garage/storage, kitchen, laundry, lounge and Reception/Office on the ground floor plus 3 bedrooms upstairs and rumpus room.
Ideal for a couple with kids.
Schools near-by as well. within walking distance to the water for fishing and boating! Single working owner states current income after all expenses is over $105,000.00 per annum with further savings and growth expected for a working couple.
Solid brick construction with a new solar system just installed at a cost of over $10,000.
Long lease in place with 2 years remaining on current term plus 2 x year options.

Brokers Comments:
Well priced for a quick sale as single owner is in her 60’s and is retiring.
Price: Reduced! Now Only $295,000 WIWO