A four-star motel in St George, Queensland is being offered as a freehold going concern by Ray White Commercial Toowoomba.
The opportunity to secure the freehold going concern of a Queensland four-star motel "at the bottom of the market" is on offer through Ray White Commercial Toowoomba.
The Jacaranda Country Motel offers 18 ground floor units of varying configurations including family interconnecting rooms and disability access rooms, all with undercover parking.
The surrounding area of St George relies heavily on agriculture and horticulture, with beef, cotton, sheep, wool, grain, fruit vegetables among the leading primary industries.
Selling agent and Ray White Commercial Motels Specialist Terry George said the recent drought had given the Jacaranda Motel significant upside potential.
"Realistically, you are buying it at the bottom of where it has traditionally traded," he said.
"As soon as the area receives some rain and the farming gets back into gear, there will be a flow-on effect that will lift the trade considerably.
"The horticultural enterprises in the area have a lot of staff requirements, and bring in a lot of extra business."
Comprising a land area of 4,047 square metres, the motel is set in relaxing established landscaped gardens with in-ground pool and outdoor BBQ area available for guests use.
Off-street parking is available for coaches and large vehicles.
The motel is for sale by private treaty. Inspections are by appointment only.
For more information, or to book an appointment, email or phone Terry George via the details provided below.
Click here to view the listing.
Similar to this:
Pair of strata-titled units for sale in Toowoomba