Freehold Motels & Parks

Exclusive

EXCLUSIVE!!!! New 4 Star Property located on the Northern side of the City (ID: FH NP)

$3,850,000 +SAV
Area: Toowoomba Code: FH NP

 

Toowoomba’s newest 4 star motel - opened mid September 2016. Nestled on the New England Highway, Northpoint Motel is on the doorstep of the Second Range Crossing.  It is in close proximity to Toowoomba’s CBD and a gateway to the many thriving Darling Downs communities to the north of the city.

Features

  • 24 spacious, comfortable, ground floor accommodation includes self contained King, Queen and Twin rooms, and rooms with Disabled Facilities.
  • Modern decor, beautifully finished
  • 3 bedroom managers' residence (third bedroom is set up as motel unit with own entry)
  • Free WiFi and Foxtel
  • Full kitchens or Kitchenettes with apartments having dishwasher, Tea / coffee making facilities, refrigerator and microwave
  • Conference/meeting room leading on to a BBQ area
  • Guest laundry
  • No meals provided, which makes for a simple easy operation

Turnover

  • Jan 2017 to June 2017: $330,411

Profit

  • Jan 2017 to June 2017: $260,965
  • Projected for first 12 months: $510,000 to $520,000