Motel 2691

Freehold:  $2,950,000

This motel was completely gutted and remodelled in 2005.  Further renovations in 2009 disrupted the trade, but generally the motel runs with revenue in excess of $650,000 and a net profit in excess of $420,000.

With a 13% return on investment, no restaurant and an excellent location this motel presents a first class opportunity for an astute buyer.

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