Brand new 30-year lease on one of Gladstone's finest Hotels
GLADSTONE CENTRAL, QLD, QLD
Description
Brand new 30-year lease on one of Gladstone's finest Hotels ResortBrokers is excited to bring to market the opportunity to own a profitable Leasehold hotel with a licensed restaurant and 49 rooms for under two million! This opportunity offers stable income and growth potential with a new 30-year lease and a transparent rental increase structure. Don't miss out on this fantastic investment and call Ian and Nathan today. Established and fully staffed business operation Fixed CPI range provides stability and predictability Upcoming economic development in the surrounding area Significant potential for growth and expansion of the business Picturesque views from every room, enhancing guest experience Prime location in the heart of the CBD with strong repeat clientele Property inspections are by appointment only
Financials
- Asking price
- $1,965,000
- Net profit
- $702,543
- Revenue
- —
- Profit multiple
- 2.80x
- Revenue multiple
- —
Agent
Nathan Benjamin
