Leasehold Motel, Highgate Hill, Brisbane
Motel
ActiveHospitality & TourismQueenslandB2C
Asking price
$600,000
Disclosed · AUD
Revenue (est.)
~$636,191
Estimated · comparable listings of this type and size
Net Profit
$153,513
Implied multiple
3.9×
asking / earnings
Brief
- Leasehold motel in Highgate Hill, close to Brisbane CBD and South Bank
- 14 guest rooms with scope to improve presentation and trading performance
- Previous refurbishment works completed throughout the property
- Convenient access to hospitals, universities and entertainment precincts, near the future Brisbane 2032 Olympic venues
- Landlord requires the incoming operator to have relevant motel management experience
- Vendor prefers a straightforward cash purchase with timely settlement
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