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Are you ready to buy a motel? Motels are a unique hospitality asset, designed to cater to motorists with their low-rise, accessible layouts. If you’re considering entering the motel industry, it’s important to understand the two primary ownership models: Freehold Going Concern and Leasehold (Split Motel). Freehold Going Concern Traditionally popular before the 1980s, this model involves purchasing the motel outright, including the land and business. As the owner, you would have full control over operations and profits, making it an ideal option for someone who is ready to buy a motel and manage it independently. Leasehold (Split Motel)In Australia, the most common model today is the Leasehold Motel, also known as a “split motel.” Here’s how it works:
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- New to the market!
- Number One rated motel in town as supported by TripAdvisor and Booking.com. - 26 beautifully Family rooms, Queen rooms, and 1 self-contained 2-bedroom unit with a kitchen with 4.5 star self rating. - 21-year Lease with capped CPI. - Spacious 4-bedroom, air-conditioned unit above the office, featuring an ensuite and bathroom. - Mareeba is the last major town when traveling up the Cape, making it a strategic stop for travellers. - Diverse clientele including bus tours, business travellers, government personnel, agricultural workers, indigenous guests, tourists, and long-term stays. - Very attractive net profit with turnover increasing year on year, run under management. - High occupancy rate due to location and presentation of this immaculate motel. - This is a well-maintained, high-performing motel with a strong reputation as the best in town, boasting a 4.5-star rating. Perfect for buyers seeking a turnkey operation in a thriving location. Net Profit: $431,441 for as advised by vendor's accountant
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Unlock Greater Earnings and Growth with This Premier Rent Roll This exceptional rent roll offers a proven pathway to boost your income and expand your portfolio. With 428 properties under management, it generates an impressive $828,295 in annual management fees, delivering consistent and reliable cash flow. - Average Annual Income per Property: $1,937.13 - Average Weekly Rent: $573.45 Strategically located in Brisbane and its surrounding areas, this portfolio provides a strong foothold in one of Australia’s most dynamic and growing markets. Whether you’re looking to scale your operations or enhance your profitability, this rent roll represents a prime opportunity to achieve your goals. Let’s discuss how this can fit into your growth strategy—reach out today to explore further! Seller will consider offers above $2,484,885 Call 0404331310 For More Details |
