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This Motel is a Gift - 1P4781M

Business for Sale
Newtown QLD

This Investment Motel is a Gift Overlooking Clifford Park Racecourse in Newtown, Toowoomba.

Price Freehold Inv. $868,000

This Motel is a Gift - 1P4781M

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
EXCLUSIVE TO CRE BROKERS. Freehold Investment Motel presented to the market for the first time in fifteen years. Having served the current owner well, this thirty-two year old Motel has a consistent and strong investment performance.

Located in the Toowoomba suburb of Newtown and overlooking the Clifford Park Racecourse, this Motel is the first stop for out-of-town horse racing enthusiasts and boasts an occupancy that is the envy of similar Motels with the rate typically running at 85%.

A nine room motel with three Queen Rooms, four Twin Rooms three of which are located on the ground floor, one Twin Apartment and one Family Room. Ample on-site parking is provided and, with such good bones, this building is a workhorse with potential.

Contact Seller

Contact: Peter Sagner
Phone: 07 5371 0165
Mobile: 0401 814 404

Bsale ID: 275818
Agent ID: 1P4781




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