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 10 Immaculately presented motel units easily managed by one person, central city location. If you are looking for a very tidy motel at a most realistic price you must arrange an inspection, you will not be disappointed. Look at the asking price. The Vendors have priced this business to meet today's market. 28.8% Return on Capital Invested
10 motel units comprising of 5 Studio, 5 One Bedroom, 5 units with private balconies. Turnover increased $14,000 (ex gst) for the 2010 financial year. Providing accommodation to the corporate trade & travelling public. The asking price shows a Return On Capital of 28.8% no recession with this motel. This is an ideal motel lease to enter the hospitality industry. For buyers looking to own there own business, here is a great opportunity, the price is right Don't delay contact McCrae
 $280,000 $250,000 (+ gst if any)
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Disclaimer: The property information has been prepared from information supplied by the owners. Every precaution has been taken to establish the accuracy of the material. No responsibility or liability is accepted by McCrae Real Estate Ltd (Licensed Agent REAA 2008) its principal, agents or employees. Prospective purchasers should make their own enquires and satisfy themselves as to all aspects of this material.
Copyright © 2012 McCrae Real Estate Limited - Licenced Real Esate Agent REAA. All Rights Reserved.
McCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.
