SOLD

ID #commercial37

Property details

CategoryHotels/Motels
Annual rent / lease
$ 167,215.- plus outgoings
Annual outgoings
$ 32,415.- pa
Return on Investment
Nett 32% pa
Current Lease Ends
30/09/2016
Further Options
4 X 5 Years option to renew
Number of car spaces
35
Location59374 Bruce Highway
Airlie Beach
QLD
For lease$ 775,000.-



For sale is this Perfect Located and strong performing Leasehold Motel.

Ideally located on the main Highway between Cairns and Townsville

TULLY MOTEL has 31 Rooms with a License Bar & Restaurant and long term lease in place.

Currently operated by husband and wife returning a solid 250K nett profit.

This 3.5 star motel (Self-rated) is built in tropical style surrounded by luxurious gardens,
overlooking Tully’ golf course.
Only from a walking distance of the centre of Tully township, located right on (but set back from)
the main Bruce Highway, 195 km from Townsville or 158 from Cairns.
The area is famous for various great activities such as white water rafting, closed by the Cassowary Coast beaches and walks in the world heritage rainforest.
Only a15-20 minutes drive from famous seaside resort Mission Beach!.

For more information or to schedule an appointment contact:

Frank van der Heijden

Mob: 0407 137 186

Consultant details

Enquiry Form

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