Acquire the leasehold of the tranquil Girraween Country Inn | Resort Brokers ID : LH008047
$400,000
Motel (Leasehold) hospitality, EUKEY QLD
A rare leasehold opportunity with Girraween Country Inn in Ballandean. Situated near Granite Belt's Food and Wine Trail, this motel offers a unique chance to tap into a thriving tourist marketplace. Positioned on a generous 42-acre parcel near Girraween National Park exuding in charm and tranquility.
Recent enhancements, including Star Link Wi-Fi, security cameras and more, elevate its appeal. Boasting a low rent ratio, the property encompasses a manager's residence with two bedrooms, a full kitchen, and a spacious lounge.
With a stellar reputation for service excellence and a steadily growing repeat clientele, the Girraween Country Inn presents a secure and lucrative business opportunity. The current owners, having dedicated three years to its success, are now seeking a successor due to health reasons. This presents a golden opportunity for a purchaser to step into a seamlessly operating venture with immense growth potential.
Situated just a 2.5-hour drive from Brisbane and the Gold Coast, the inn is not merely a financial investment but an entry into a thriving community. Own a piece of the picturesque Queensland countryside while actively participating in a successful business and contributing to the dynamic Granite Belt region. Secure your stake in this extraordinary venture, combining a flourishing business, lifestyle, and community engagement, making it an unparalleled prospect for the discerning purchaser.
- Landlord of unparalleled excellence
- An idyllic rural retreat
- Exceptionally low rental overheads
- Net income of $200k post living expenses and adjustments
- Steadily expanding base of returning guests
- Significant expansion potential in a thriving tourist market
- Centrally located in the renowned Granite Belt Food and Wine Trail
- Conveniently accessible from Brisbane and Gold Coast within 2.5 hours
- Inspections by appointment only
Date updated: 21 Apr 2024 23:00:06
More Information
- Total Purchase Price: $400,000
- Net Income: $ 191,937
(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.
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Number of units owners are not renting out, but also do not live in.
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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.
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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?