TRUE MONEY EARNER, SIGNIFICANT REDUCTION - 2834ML

• Modern build with motel constructed in 2006 and the Townhouses in 2014.

• Currently run under management with manager's wanting to stay.

• 34 room motel, office/ reception, restaurant (minimal), bar and manager's residence.

• 5 x 3 bedroom with 2 bathroom serviced apartments / townhouses each with lock up garages.

• All rooms have a kitchenette, LCD televisions, Foxtel, Wi-fi and air conditioning.

• Highly reputable and well-established accommodation provider.

• Low maintenance cement render with metal roofing and all in excellent condition.

• The motel and apartments offers modern and well-maintained facilities, including spacious and comfortable guest rooms, a licensed bar and restaurant, conference rooms, and ample parking.

• Fully licensed with a separate bar, indoor and outdoor seating.

• Very popular with corporate guests, government employees and quality tourists.

• Conveniently situated close to the city center, shopping precincts, restaurants, and Airport, making it an ideal choice for both business and leisure travelers.

• Numerous opportunities to expand and enhance the business enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.

• Major service centre.

• New 30-year lease.

Adjusted Net Profit: $669,500 for 2024/25

Contact Michael from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2834ML (quote when enquiring)

Property Code: 5183