Great Entry Level 18-Room Motel in a Booming Regional Town of Gympie

Description

Great Entry Level 18-Room Motel in a Booming Regional Town of Gympie This easy-to-manage 18-room motel trades consistently well and is currently showing year-on-year growth with high occupancy rates. The motel is also perfectly situated one street back from the main road but in full view of passing motorists, so less noise and full viability. The leasehold business is further complemented with the large, two-storey manager's residence with three/four bedrooms and two bathrooms. Other features include a separate, fully-equipped kitchen with the dining area adjoining the main office and a second kitchen, which can be used for the motel breakfasts (if required). With an outstanding location just off the highway and minimal spending fees other than general maintenance, this is a perfect opportunity for one person or a two-person team to improve the bottom line. So, don't miss out on this opportunity and enquire today for further information. Year-on-year growth Positive landlord relationship 18 years left on lease (with extension option, subject to negotiation) Currently running at 87.5 per cent occupancy Solar panels installed to reduce electricity costs Easily operated by one person or a two-person team Ideal ‘off-highway’ location in Gympie (out of flood zone) Great returns year-on-year with solid occupancy and forward bookings Strong repeat clientele with good mix of ‘blue & white collar’ workers Property inspections are by appointment only