On offer is the leasehold interest of this large leasehold Motel in Maryborough, Queensland. The motel has suffered from Management issues and is being offered for a very quick sale at well below the normal market price for a property of this size and quality.
Currently running at approximately 50% occupancy, the property is capable of massive increases in turnover under new owners. 20 year lease in place.
35 rooms over a variety of types and a large 3 bedroom Manager's residence. Large well equipped commercial kitchen and Restaurant that is currently closed. V+Conference room and swimming pool. Some 2 bedroom apartments as well!
A great opportunity for new owners to move in and cash up!!
Submit all offers, circa $430,000