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Listing ID: 11461 Motel lease for sale Winton Qld

$800,000.00 AUD
janand236
0421 906 236
Bundaberg Queensland 4670

Seller Accepts:
, Cash, Bank Transfer

Description

Motel lease for sale Winton Qld

The lease has 34 years remaining and is currently returning over 50% on investment

It has the best position in town and is on the main north, south inland highway

Occupancy for the current financial year stands at 88%

Nett profit for the 2020-2021 financial year $439,000

There are 25 rooms of various configurations – queens, twins, king and family rooms all with Foxtel and WiFi

It is currently being run by a couple with housekeeping staff in place

Would suit couples, working 6 months on and 6 months off

Bed linen are outsourced but we wash our own towels -although that could be changed

There is no pool or restaurant to worry about with chargebacks for meals in place at local hotels and eateries

Booking program is Little Hotelier

It comes with a comfortable two bedroom residence attached to the office

Current owners have been in place for five and a half years and the figures have improved every year

The motel has an excellent landlord

Winton is the Dinosaur Capital of Australia, home of Waltzing Matilda and Queensland’s Boulder Opal – abundant in nature, culture and
heritage

Winton is also home to the world’s only recorded evidence of a dinosaur stampede

Winton is a wonderful tourist town as well as being a great place to raise a family

We also have the Waltzing Matilda Centre which is dedicated to Banjo Paterson, who wrote Waltzing Matilda at a station near the town

The outback scenery is spectacular

There are many other attractions in the town which are easily accessible

http://www.wintonoutbackmotel.com

$800,000

Ph 0421 906 236