849. Gold Coast Freehold Motel for Sale $1,720,000

Webp.net-resizeimageThis beautiful motel is located beside a main Road in a good suburb in Gold Coast. It is a rare opportunity to have a free hold motel at the beautiful Gold Coast with the entry level budget.

-The owner has been successfully running the business for 7 years.

- Total 11 rooms plus manager’s unit

- Land size 1012 square meters

-occupancy rates 85%

- 2018 to 2019 yearly net profit is around $250,000

- Interests rate is cheaper than paying rent

- This is a Medium High Density Zone, can build 9 meter high up to 3 level, you just need to lodge application form with local council.

- Freehold with business total selling at $1,720,000

Please call Alice on 0432 843 715 for an inspection