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2599ML - As New High Quality Motel Leasehold, High Return...

EMERALD QLD, 4720

For Sale

Property for Sale in EMERALD QLD, 4720

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11369673
Status:
Active
For:
Sale
Price:
Leasehold $450,000 wiwo
Last Updated:
19/01/2020
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Property Type

Hotel/Leisure
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Land Area

N/A
Icon size

Floor Area

1 SQM
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Parking

N/A

2599ML - As New High Quality Motel Leasehold, High Returns, Low Rent

- As new 19 room single story Leasehold Motel, built 2013.

- Accommodation only.

- High quality fit out - modern amenities.

- Presents superbly.

- Excellent town location.

- New 30 year Lease.

- Minimal maintenance costs.

- Easy operated no meals.

- Growing occupancy.

- Good mix of clientele.

- 2 bedroom modern residence.

- Low rent ratio and above market return.

- Recommended this leasehold won’t be available for long.

Built in 2013 this modern 4 star, 19 room (single level) motel is situated in central Emerald. 50ms away from the Capricorn Highway and just a 5-minute walk to the main business centre and all that Emerald has to offer.

This quality motel presents as new, the rooms are of the highest standard and well-appointed and boast fully equipped kitchenettes. You cannot fail to be impressed as you walk or drive into this property.

The motel has been run under management for the last two years, now the owners are offering a brand new 30 year lease with low rent. Return on investment for this outstanding property is exceptional.

With ongoing maintenance at an absolute minimum, low operational costs, increasing occupancy, this provides a genuine opportunity for a new owner operator to take this business to the next level.

The modern, spacious and comfortable two bedroom residence (on second level) that adjoins reception, has a large private kitchen, lounge, dining, bathroom, balcony and a private courtyard. The bedrooms have built in robes and all the rooms have ceiling fans and are air conditioned. Would suit a single/couple or small family.

Emerald is a thriving rural service centre with a rural training college, a large number of farm machinery sales outlets, a huge irrigation dam and an airport. Population of approximately 15,000. Established in 1879 as the base for the railway line, it has slowly grown to be the major regional centre of the Central Highlands and the gateway to the Central Western district. The Capricorn hinterland contains the largest sapphire Gemfields in the world. Emerald grew very rapidly in the 1980s and 1990s as a dormitory town for major new coal mines in the Bowen Basin.

Net Profit: $187,779 for 2019 calendar year

Contact Mark Tuckfrom Tourism Brokers for further information or to arrange an inspection.

Property ID: 2599ML (quote when enquiring)

Property Code: 3290

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


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