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. . . . . . . . 12 UNIT LEASEHOLD:
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"39% return"
All brick construction situated in SE Qld. with two bedroom owners
accommodation. It is located in the centre of town just around
the corner to a modern RSL club. This would have to be one of
the cleanest neatest motels on the market and will show an excellent
net return of over 39% onlast financial years figures. Being the
preferred accommodation for a large company with ongoing work
in the area, the business is virtually guaranteed a continued
high occupancy, if the current standard is maintained. This year
has already surpassed the T/O of last year. All rooms have been
newly renovated to 3.5 star. There is nothing to spend here except
normal repairs and maintenance. If you are in the market for a
top class business in a good area
- this
is a must to inspect. . . . . .$310,000
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