FREEHOLD MOTEL - 39 ULTRA MODERN ROOMS IN THE HEART OF GATTON, QLD | Resort Brokers ID : FH008164
$7,500,000
Motel (Freehold) hospitality, Gatton QLD
ResortBrokers presents the Room Motel in Gatton, 4-star accommodation with a unique blend of style and functionality.
Room Motels Gatton is an excellent opportunity for a serious operator to take possession of this highly successful and well established four-star motel, rebrand it and reap the rewards. Immerse yourself in comfort with 39 meticulously designed rooms, ranging from Executive European-inspired king rooms to deluxe king suites. Our triple single rooms and specially designed disabled&pet-friendly rooms cater to diverse needs, ensuring a delightful stay for every guest. Each room surpasses Australian standards with double-glazed windows, stainless steel tap-ware, and high-efficiency LED lighting.
This investment is the opportunity you have been looking for to establish your own 4-Star brand in the motel sector.
- Lockyer Valley's newest 4-starmotelcaterers for corporate and leisure travellers
- Rebrand and make this statement motelyour own
- Strategically located in a strong regional hub with outstanding occupancy and repeat corporate clientele
- Features 39 modern executive suites with European design and modern comforts
- Spare land to further develop themotelor add complementary accommodation and grow the business (STCA)
- Allrooms exceed Australian standards in energy, insulation, and acoustics
- Solid occupancy with repeat clientele
- High speed Wi-Fi plus 20 Foxtel Chanels
- Excellent guest services, including undercover car parking, free high speed Wi-Fi& 20 Foxtel Chanels
- Highly rated on TripAdvisor, offering a uniquemotelexperience with the latest European designs
- Inspections by appointment only and with pre-qualified buyers
Date updated: 21 Apr 2024 23:00:09
More Information
- Total Purchase Price: $7,500,000
- Net Income: $ 970,010
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?