19 Room CBD Leasehold Motel | Resort Brokers ID : LH008155
$875,000 FIRM
Motel (Leasehold) hospitality, Roma QLD
Resort Brokers exclusively presents to market this easy-to-operate 19-room CBD motel. Located in the heart of the thriving regional centre of Roma, QLD, this double brick ground-floor motel is equipped with everything necessary to succeed.
Large 2-bedroom air-conditioned residence, with a large commercial kitchen for your personal use, behind the professional reception area.
Currently run under management, allowing investors a passive style leasehold opportunity. Alternately, a husband-and-wife operator can achieve a 34% return on investment.
PerfectCBD location.
No food& beverage.
CBD chargebacks forbreakfast& dinner.
Currently rununder management.
Strongtariffs.
Room togrow occupancy.
23 yearson lease.
Minimalmaintenance.
Repeatcorporate market.
Inspection by appointment only.
Date updated: 21 Apr 2024 23:00:08
More Information
- Total Purchase Price: $875,000 FIRM
- Net Income: $ 299,297
(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?