Price reduced
Terrific returns & net profit on offer for this Freehold Motel in Julia Creek!
R
Marketplace / Motels / QLD / Terrific returns & net profit on offer for this Freehold Motel in Julia Creek!
This is the perfect opportunity for a newcomers to sink their teeth into the accommodation business and take advantage of a high returning 23%+, high net profit of $230k. The 19 roomed freehold motel is located on one of the most traveled roads in North West Queensland and with drive tourism on the rise, you cant go wrong! Very easily operated by a couple in a friendly close knit township.
The numbers.
$230,965
Net profit
Asking $895,000
+
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1+ photos
Julia Creek.
Run the numbers yourself.
Same model our brokers use to appraise. Adjust net profit, multiplier, real-estate component. The result is indicative — independent appraisal available on request.
Request AppraisalIndicative total
$2,485,600
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