Other Businesses

Motel Lease for sale on the Gold Coast​ Code 303438

Motel Lease for sale on the Gold Coast​ Code 303438

Motel Lease for sale on the Gold Coast by Interbiz Business Brokers
Motel Lease for sale on the Gold Coast by Interbiz Business Brokers
SOLD!

Motel Lease for sale on the Gold Coast

Main road location close to Surfers Paradise and Southport. Solid 2 level brick construction.

Well priced for a quick sale as single owner is in her 60’s and is retiring.

Interbiz Business Brokers Website


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

Overview

Owner States Nett: Approx. $105,000.00 p.a.
Lease Term: 12 yrs remaining, plus 2 x 5 yr options
Price: Reduced! Now Only $250,000 WIWO
Code: 303438

This business has sold.
Click the links below to see our other listings for sale