Massive 10.5% Price Reduction! - 1P4726M
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EXCLUSIVE TO CRE BROKERS. This 19 room Motel is conveniently located in the centre of Warwick, and just minutes walking distance from the CBD and Federation Park on the banks of the Condamine River. Convenient shopping with ALDI and IGA nearby, and, the full range of dining from boutique café to Subway and KFC to choose from.
With Motel performance or Return On Investment at 32.9% there is still room to grow this business. Warwick is an integral service delivery centre for the surrounding district, and sits at the intersection of the Cunningham and New England Highways. Boasting a robust motor sport precinct, Warwick draws people to town most weekends for practice and racing events.
With refurbishment and painting completed throughout 2018 and 2019 there is opportunity to focus on working the business.
Priced to sell, this is an absolutely must inspect opportunity.