- 23 renovated four-star motel suites a stone’s throw away from patrolled beaches.
- New 30 Year leasehold opportunity for the first time.
- Consistent occupancy, turnover and high net operating profit ratio.
- Comfortable rent ratio.
- No food obligation and surrounded by Pub, Clubs, Cafés and Restaurants.
- No vacancy light remains a constant.
- Manageable existing accommodation model.
- Tariff optimisation opportunity.
- Landlord sale with a view to assist with succession plan if required.
Tourism Brokers present to market a for the first time a four-star leasehold offering without rival. A genuine accommodation only product primely located, fully renovated with proven trading history. You commence with a brand new, first time to market 30 year lease with a low rent ratio designed for incoming comfort and success.
Net Profit: $303,021 for 2018/19
Contact James Carrick from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2603ML (quote when enquiring)
Property Code: 3314
For more details, please email agent