Leasehold

   SOLD

B & B Motel only 2 hours north of Brisbane (ID: LH:SRM)

Area: Gympie Code: LH:SRM

Features

  • 18 Units
  • Large 3 bedroom home with 2 bathrooms and back office
  • Rent - under industry standard
  • Average occupancy mid 70's%
  • 25 Year Lease
  • No night meals
  • Cooked breakfasts and the occasional lunch provided

Turnover

  • 2015/16: $538,127

Profit

  • 2015/16: $206,843