15 ROOM FREEHOLD MONEY MAKER - 2871MF
Hughenden, QLD, QLD

Description
- Same ownership for 16 years. - Seperate 3 bedroom residence at front of the property opposite reception. - Large lockup shed at the rear of the block with ample storage. - Room for expansion and approval to accommodate 6 vans. - Separate amenities block for males / females. - Low maintenance construction. - Seperate office adjoining additional lounge area/ commercial kitchen, motel laundry, linen store, cleaning store and front and rear access. - Well positioned: Opposite hospital and ambulance station. - Enjoys a strong government client mix. - Profile position with well positioned signage. - 4,000 m2 land. - Single story construction. - Front of unit parking. - Low maintenance yard area. - High profit showing better than 18% on asking. Adjusted Net Profit: $235,735 expected for 2024/25 (as provided by vendor) Contact Michael from Tourism Brokers for further information or to arrange an inspection. Property ID: 2871MF (quote when enquiring) Property Code: 5185
Financials
- Asking price
- $1,250,000
- Net profit
- $235,735
- Revenue
- —
- Profit multiple
- 5.30x
- Revenue multiple
- —
Agent
Michael Philpott
