Freehold Motels & Parks

   SOLD

Country cottage style Motel (ID:FH05)

Area: Oakey QLD Code: FH 05

Features

  • Rare opportunity to purchase a small Freehold Going Concern in the heart of the Darling Downs. The business has shown consistent figures over many years and does not rely on any one particular industry. Oakey is the closest town to the Charlton Industrial area currently undergoing major development, which should in the near future bring more business to Oakey. Also the upcoming Toowoomba bypass should have a positive affect on occupancy and turnovers.
  • 8 well presented homely rooms including 2 with kitchenettes
  • 1807 sqm block
  • Large 3 bedroom/2 bathroom owners' residence
  • Extensive and recent refurbishments
  • 3.5 star (self rated)
  • Wifi
  • Booking system Q Res
  • Consistent occupancy
  • Breakfast and Dinners available to rooms
  • The motel can easily be run by one operator, is well maintained and very well presented

Profit

  • Net Profit: $130,832 (13/14)
  • Projected Net: $120,000 + (14/15)