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Motel for sale in Greater Cairns, QLD
Reduced Freehold $874,000

Motel for sale in QLD

Accommodation/Tourism
QLD
Reduced Freehold $874,000

Business Details

2003MF - Solid Income Earner in the Middle of Town

- Rare 10-unit boutique motel in the middle of a great township.

- Better than 16.5% Net on asking.

- Solid income earner with a fantastic upside.

- Position, Position, Position, this one has it all for a budget price.

- Located in a quiet area of the CBD and is a short walk to local restaurants and hotels.

- Motel has been completely refurbished of recent times and is ready for the new owners.

- All modern tiling throughout, modern bathrooms, modern cabinets and vanities, modern plasma televisions and the paint quality is outstanding through-out.

- Current owners have operated for the last few years and wish to retire.

- Can be run easily by a couple as it is the perfect business for either self-operated or as an investment for the owner to employ managers.

- A high-quality property with a good mix of corporate and local clients as well as passing trade.

- The air-conditioned residence offers two bedrooms, large lounge room, built-in robes, main bathroom and shared commercial kitchen. The residence adjoins the motel and has direct access to reception.

Net Profit: $157,663 for 2017/18 (as provided by vendor)

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2003MF (quote when enquiring)

Property Code: 2834

  • Last Updated November 2018
  • Business Category Accommodation/Tourism
  • Business Sub Category Motel
  • Floor Area 1 sqm
  • Land Area 1200 sqm
  • Floor Area Retail Office 1.00
Tourism Brokers
34 Lamorna Avenue ,
Beecroft, NSW 2119
10 Photos

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Michael Philpott
Tourism Brokers

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