xavier01 replied to the topic Motel leasing in the forum Commercial Property 12 years, 7 months ago
Thank you.
I’d prefer not to manage a restaurant, possibly could be leased separately. I’m looking in the vicinity of $500k, minimum 3.5 star rated, can have 20+ units, would like to cater it more towards holiday than business. No real relevant skills as i have, over the last 20 years worked in the retail, IT and health industry. My work now…[Read more]
xavier01 replied to the topic Motel leasing in the forum Commercial Property 12 years, 7 months ago
I’m interested in entering the motel business and would prefer to purchase a leasehold motel initially. I really like the Lake Macquarie area and am interested in peoples opinion on whether this area is a good investment location for motels and what should I look for in a motel around this area. Warner’s Bay appears to attract a lot of people…[Read more]