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EXCELLENT LOCATION - EASY TO RUN - GREAT STARTER LEASEHOLD MOTEL
SOLD
Motel (Leasehold) hospitality, Beenleigh QLD
This new to the market leasehold motel is a perfect opportunity for those who have been considering entering the tourism industry. Situated on the southside of Brisbane and halfway between Brisbane and the Gold Coast, the demand for comfortable clean accommodation is always high with The Beenleigh Village Motel running at an excellent 83% occupancy.
25-year lease at settlement
excellent net operating profit
easy to run
Great city location
Southern Queensland is seeing exceptional growth within leisure and business travel, ensuring continued upside especially within the motel industry.
Great opportunity in an excellent location and sure to attract much buyer interest.
Book an inspection now.
More Information
- Total Purchase Price: SOLD
- Net Income: $ 0
(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?