Excellent return on freehold motel in the Central Highlands - lease can be split

9 days ago

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Internal Ref: 18145

Summary

Christiansen Brokers @realty are proud to exclusively market the Freehold Going Concern of the Emerald Highlands Motel.With the same owners for 21 years it is time for retirement and to hand the re...

About the Business

Christiansen Brokers @realty are proud to exclusively market the Freehold Going Concern of the Emerald Highlands Motel.
With the same owners for 21 years it is time for retirement and to hand the reigns over
The motel offers 13 rooms, an outdoor pool and is located on a quiet side street.
Free WiFi access is available.
A tavern, shopping centre and fast food outlets are just steps away.
Very comfortable 3 bedroom residence with 1 bathroom that attaches to front office, also adjoins room 1 which is a large family room for when the extended family visit.
Current owners are not cooking breakfast, room to increase and capitalise on this.
There is the option to sell a lease and retain the investment.

Current Turnover $245,000 (TBC)
Current Net profit $159,250 (TBC)

Return on investment 16%

For a full information memorandum please contact Leon on 0427 233 755 or email chb@atrealty.com.au

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