Motel - Freehold

Business Code: CB1174

Key Features: Freehold

State: QLD

Location: Great location close to Uni and airport West of Brisbane

Description

Freehold motel lodge, consisting of 105 rooms, and providing budget accommodation. - The lodge has 2 blocks, each with 25 rooms, of single accommodation with shared facilities and 2 blocks, totalling 55 rooms, of 3 bedroom ensuite accommodation with kitchenette. - A huge dining room, serviced by the commercial kitchen is provided, as well as a separate block containing the common room with pool table and lounge. - The swimming pool is available for guests and is well maintained.

Summary

• Features: Great location. - Cheap tariff. - Very quiet. - Close to all facilities and university.


• Potential: A current DA provides for the complex to be remodelled to provide 70 ensuite motel rooms. - Could target facebook. - A strong marketing campaign to increase occupancy rate. - Reopen dining room.


• Premises: This freehold has a total area of 2.03 sq. mts. consisting of single storey lodge accommodation constructed of concrete block + owners residence.


• Trading Hours: As required.


• Lease: Freehold.


• Employees: 1 owner + casuals as required.


• Comments: Each room has TV and refrigerator. - Dining room is not currently being utilised. - Linen is replaced weekly or as required. - Current business model targets longer term accommodation for guests. - Accommodation is currently closed for a short time while owner attends to minor council requirements -