This thriving, immaculately presented 4-star motel is perfectly positioned to benefit from Ipswich’s resurgence as Queensland’s fastest growing city.
Located in Raceview in South Ipswich, a suburb at the forefront of the city’s powerhouse growth, Country Motel Ipswich has solidly traded for almost 40 years and continues to excel.
In FY24, the motel posted a substantial net profit of $1,990,000 due to significant demand that encouraged the business to raise tariffs across the board for all rooms.
The vendors have an assignable DA for nine cabins. Country Motel Ipswich’s exceptional occupancy of over 80% warrants the addition of these extra accommodations.
Additionally, the motel has an onsite restaurant and a cafe. A local restauranteur has rented the premises on a commercial lease for $104,000+GST per annum, with annual CPI increase, providing the incoming owner with reliable passive income.
Interested? Why not give Jason Vogler a call on 0427 431 213 or jasonv@resortbrokers.com.au
Or... call Trudy Crooks on 0477 882 210 or trudy@resortbrokers.com.au