Newspaper article The Chronicle (Toowoomba, Australia)

5 Hotels, Motels for Sale; Toowoomba Surges Ahead, Perfect Time to Invest

Newspaper article The Chronicle (Toowoomba, Australia)

5 Hotels, Motels for Sale; Toowoomba Surges Ahead, Perfect Time to Invest

Article excerpt

Byline: Meghan Harris meghan.harris@thechronicle.com.au

FIVE Toowoomba hotels or motels have hit the market, waiting for new owners.

With the region surging ahead, it is a great time to invest in the city's accommodation.

Quality Hotel Platinum International

THE multi-award winning Quality Hotel Platinum International is on the market.

The 4.5 star hotel at 326 James St has 52 luxury rooms situated over 6309 sqm.

It has a gym, pool and barbecue area.

There are three two-bedroom apartments, eight deluxe spas, three special needs accessibility studios, 32 king studios and two queen studios.

James Street Motor Inn

THE quality motel has 30 rooms, a guest pool area, barbecue facilities, conference facilities, tea and coffee making facilities and guest laundry.

It is located at 88 James St and has 21 years left to run on the current lease.

The motel's turnover is more than $1 million per year.

It is listed for sale for $900,000 plus savings.

Garden City Motor Inn

THE Garden City Motor Inn is a family-owned business.

It is made up of 15 ground-floor motel rooms, supplying wireless internet and Foxtel. …

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