This Fraser Coast Leasehold motel is a hidden gem - near brand new with a 34 year lease term! Easily run by a couple and catering for corporates and travellers. Beachfront position with restaurants next door, as well as a coffee shop and supermarket nearby, and a brand new tavern 100 metres away.
- 10 motel rooms - includes 2 x two bedroom self-contained units located at the front of the motel (second level).
- Traditionally turns over around $300,000 but will do higher tariffs.
- Lessee's have been there 12 months, however family matters forces the sale prematurely.
- Strong position walk to all facilities in a couple of minutes. Position, position, position!
- Great place to live and work - go for a dip in the ocean just metres from your front door.
- New 34 years lease settlement.
- Two bedroom separate dining lounge separate commercial kitchen.
- Net profit - $150,000 (4 months projected).
- turnover - $300,000 94 months projected).
NB: Property inspections are by appointment only