Freehold Motels & Parks

   SOLD

South Brisbane (modern 4 star property) (ID:FH JR)

Area: South Brisbane QLD Code: FH JR

Features

  • 24 Units built over 2 levels
  • Built in 2007
  • 2 Bedroom Manager's residence
  • Licensed dining room
  • Conference facilities
  • 4 Star quality property
  • Undercover parking
  • Wifi/Foxtel
  • BBQ Area
  • Commercial kitchen with cold rooms
  • Guestpoint Booking System
  • This business has been run under management for many years which presents an upside for a owner/operator

Turnover

  • $1,075,223 (13/14)
  • $997,899 (14/15)

Profit

  • Net Profit: $630,000 average over 2 years