Substantial regional leasehold motel with 35% ROI

Description

Substantial regional leasehold motel with 35% ROI ResortBrokers exclusively presents the fantastic opportunity to purchase the leasehold of the Charleville Motel. This reputable business continues to be the number one choice for the government-corporate sector and tourists alike in Charleville QLD. The net profit is large enough to run this business under management. Also, it provides an upside for enthusiastic hands-on operators who are keen to re-open the bar and restaurant facilities. Impressive business, just off the main highway in a quiet neighbourhood street. Great lease terms with a professional landlord. Substantial 27-room motel with a 48% occupancy rate, offering significant growth potential. Long-term investment opportunity with 25 years remaining on the lease. Financially advantageous lease terms with rent inclusive of rates, water, and landlord insurance. Operational efficiency with onsite laundry facilities. Eco-friendly and cost-effective with a large 30kw solar system. Impressive financial performance with a large net profit showing a 35% ROI. Untapped potential with an unused commercial kitchen, bar, and restaurant. Modern and comfortable guest experience with recent room refurbishments. Inspections by appointment only.