Chris: 0438 340 706 Steve Fuller: 0420310500

Leasehold

Quality Boutique style motel/apartments in Warwick QLD - easily run by single person - (ID:LH:53OV)

$389,000
Area: Warwick Code: ID:LH:53OV

  

53 on Victoria has just been awarded the 2017 Recognition of Excellence by Hotels Combined. 

Ranking 9.7 with Booking.com

Features

  • 53 On Victoria Boutique Accommodation highlights......
  • The Luxury apartments are carefully conceived to create a sophisticated and sumptuous environment. Each apartment has its own distinct personality, while sharing the same standards of comfort and a distinct oriental flair. Warm chocolate browns, amber hues, gentle creams and rich mahoganies combine with plush woven fabrics and exotic spa fragrances in a veritable feast for the senses. The beds are chosen for their size, the sofas for their comfort and the furnishings for their aesthetic lines. 53 On Victoria offers the Lessee a simple, easily run, well maintained property that would allow a single operator or couple to continue with the success and build on the already high standards the property is renowned for.
  • Currently ranking 9.7 with Booking.com
  • New 30 year Lease
  • 6 semi-self contained boutique style units
  • Modern gourmet kitchens + dishwashers
  • Luxurious bathrooms
  • WiFi
  • 4.5 STAR standard
  • Spacious lounge/dining area
  • King size beds
  • Laundry facilities (in 2 apartments)
  • Close to the Warwick City Centre & Morgan Park

Turnover

  • 2014/2015: $277,122
  • 2015/2016: $283,948
  • 2016/2017: $284,137

Profit

  • 2014/2015: $118,346
  • 2015/2016: $119,246
  • 2016/2017: $116,423