Big Motel, Big Net! - Ref ID: 5043
|Tenure||Leasehold 5 x 5 Years|
|Asking Price||$945,000 WIWO|
|Description||This 3.5 star leasehold motel provides 34 spacious ground floor en-suited units comprised of 17 Queen Rooms, 10 Twin rooms and 7 Two Bedroom units. Some units are even setup for wheelchair and disabled accessible bathrooms. All units are fully refurbished and air-conditioning with Kitchenette facilities (Microwave, kettle, toaster), Tea and Coffee facilities, large flat screen TVs with Foxtel channels (including movie channels) and access to undercover parking in front of their room. The motel itself is located right in the heart of Caboolture and is within walking distance of the local RSL and shops. Its also in very close proximity to M1 and a train station so its no surprise this business caters to the transport market being Tradies, Truckies and those in Transit. Whether guests are going to the airport, university, to see medical specialists or work in the city short term, this is a highly affordable and convenient place to stay in the comfort. Visitors keep commenting that the motel is ideal being on the outskirts of Brisbane such they can avoid the traffic congestion all the way into the city. There are no parking issues here either as they cater to larger vehicles and vehicle storage. This is one of the benefits with this huge motel being spread over 4 adjoining blocks, there is plenty of room for everyone and dual street access so guests can come or go as they please. Caboolture itself is situated between Brisbane and the Sunshine Coast, being only 30 minutes to either location. Furthermore, its only 20 minutes to Australia Zoo, the impressive Glass House Mountains, 20 mins to the beach and just 2 mins onto the Bruce Highway (M1). Whether visitors are driving north to Cairns or south to Sydney, this Motel provides travellers a convenient pit-stop after a full day of driving with the ability to quickly get back on the road the next day ahead of the commuter traffic. With 22 Years remaining on the lease and an impressive net profit, the business offers income and security. With the owners are looking to relocate back overseas for family reasons, they have priced the business under the $1M mark in order to sell.|
|Suitability||Husband & Wife Owner Operators|
|Clientele||Tradies, Truckies and those in Transit|
|Employees||3 x Casual cleaners (hourly rate)|
|Reason for Sale||Relocation|
|Other||The motel site is 4059 m2 over 4 adjoining lots.|
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