Hi  Sstrache
Have you made any progress on your leasehold motel search?

Hi Jaffasoft
Is your family hotel / motel broking business in Mooney Ponds up and running ?

cheers
thecrest

Hey Jaffasoft
There's a good upbringing and education, hard work fresh air good values and knowing where the food really comes from.
That'd be a buzz running a guesthouse farm with city kids, very rewarding.
Knew a guy just past Dandenong in Vic who gave up slogging with the farming and turned his acres into a western style horse ranch for girls only, boys not allowed, just girls and horses, and they flocked to it, many kept their horses there full time, parents happy to keep writing the cheques, the parents were like " hey, did you say no boys ? OK how much do you want ?"  western style, bunkhouse, ring the triangle for meals, trail rides, in house events, campfires, good horse fencing, big tack room, all totally horse and girl focussed, chockers every holidays. It saved the farm and their backs. 

Good time for a new broker to enter the market, last year they starved. They market is going very well now. 
We split our freehold motel into a lease, and as soon as we did, the first looker bought the landlord side of our lease, and the tenant part is being looked at closely right now, and should sell next week.
As you and your uncle probably know, the successful brokers have high ranking (Google ranking / SEO ) websites to attract buyer enquiry, live on the road to find the listings, with first  class communications and fast callback times, good rapport with finance, and the good listeners win. Good luck to your uncle and family, we wish him well and with a god team around him and their runs on the board in hospitality they should do very well. 
Our plan is now well under way to own 3 leaseholds run under management, ROI typically 20%.  Good brokers make the searching, buying and selling possible, we value their services.  
Don't remember Big Brother except the Qld rubbish, do remember Blue Heelers with a young heart throb blond guy cop called Ben, is that the one ? It was filmed at the beautiful old pub at Como, NSW,  which unfortunately burnt down later.

When your uncle is operational, put his details on here and we'll give him our listing of our leasehold, if it's not yet sold.
Anyone wanting a good earning motel leasehold in Central western NSW call me, $365K with ROI 30% and free 3 brm home thrown in, genuine 8 years of figures, we're upscaling.
Cheers
thecrest

Hi Sstrache

Questions.
Which part of the lease are you intending buying –  the tenant  or landlord ?
Are you going to operate the motel yourself, or under management ?
What price bracket ?
Location or town  – Where ?
How old is the building ?
How many rooms ?
Star rating ?
With or without restaurant ?
What's the nett after rent, turnover, and rent ?
How many years remaining on the lease ?

Answers to your questions.
1. If you amortise the lease cost per year for the remaining years of the term, then it should be a cost attributable to each year, but tax deductablilty is a question for an accountant familiar with your particular circumstances.
Most new leases are 25 – 30 years, which if on-sold before they reach 23 years will still be regarded by most potential purchasers as more then enough and rather like a double life sentence and unfortunately more than most offenders get for 1st degree murder these days.
2. Finance beyond 50% is rare to my knowledge, and getting finance at all depends on the lender and on you satisfying them that you can competently operate such a  business and service the loan. Suggest you talk to one of the finance brokers on this forum who have thousands of posts to their credit helping others with finance.
3. Haven't heard of commercial loan terms beyond 15 years with motels. Whether they provide you  (interest only) IO or P&I  loans depends on the lender, your circumstances and the property etc.  At 50% LVR, which is onerous really, I personally don't feel like funnelling any more money back to them other than interest each month than I have to. 

Happy to give you any help I can.

Cheers
thecrest (motelier)