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South Grafton, address available on request

South Grafton, address available on request

Hotel/Leisure

  • For Sale
  • Leasehold $590,000
  • For Sale

  • Floor Area
  • 1 m²
  • Last Updated
  • May 14, 2020

Interested in this property? Contact an Agent today

Premier Business Sales - Gold Coast

8 Croft Court

Tugun Qld 4224

Scott Saunders

QUALITY LEASEHOLD MOTEL - OFFERING A 36% ROI - STRONG REGIONAL CENTRE

Beautifully presented 4 star motel, featuring 20 good sized rooms and an excellent managers residence.

Business in Grafton is seeing excellent growth with several major projects under way including the Pacific Highway bypass, the $240 million construction of a new bridge in the centre of town and the construction of a new 1700 inmate prison (the largest in the country).

The current owners have been at the property 10 years and now it’s time for new owners with fresh ideas to continue capitalising on this excellent business.

- Long lease
- Strong repeat business
- Net Profit $212,000
- 36% ROI
- New solar 70 panel Solar System

This is a quality motel for someone new to industry or someone looking to take the next step up.

Property Code: 89

South Grafton, address available on request

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