LEASEHOLD MOTEL ON VERY GOOD LOCATION

LEASEHOLD MOTEL ON VERY GOOD LOCATION

Leasehold Motel located on the (Bruce Highway) main road into Cairns with a very strong repeated corporate clientele.
This is one of the cleanest well presented Motels I have seen in a long time.
Suitable and ideal to be run by a couple which will provide a good Return on investment.

* Swimming pool
* Restaurant onsite
* Spacious 2 bedroom managers apartment attached to the office/reception
* 20 newly upgraded and decorated rooms (incl. 55 inch smart tv’s)
* Foxtel in all rooms
* NBN WIFI
* Guest Laundry
* Off street Parking
* 21 year on the lease
* Turnover 500K plus
* Nett profit >130K after wages

Property Details

AUTHORITY:
open
BUILDING TYPE:
2 Story Walk Up
FEATURES:
Conference and function room facilities, Poolside bar and restaurant, The resort has 2 pools and outdoor spa, Kiosk sales, Guest Laundry, Internet desk, Off street parking, Tour information and booking desk, Cable TV
PETS ALLOWED?
No

Management Rights Information

$420000

PRICE

$130,000

Net Profit

ACTUAL

Calc. Type

$0.00

renumeration

Total Number of Units in Complex: 20
Units in Letting Pool: 0
Units Owner Occupied: 0
Units Let by Outside Agents: 0
Number of Lockup Units: 0
MR Agreement Term: 0
Agreement Term Remaining: 0
Age of Complex: 0

Manager Unit Feature

Office on Title:
No
Office Attached to Unit:
No

Value of Manager’s Realestate ($AUD):

$0.00

Bedrooms in Manager’s Unit:

Bathrooms in Manager’s Unit:

Carspaces with Manager’s Unit:

Additional Manager’s Unit Features:

Consultant Details

Frank van der Heijden

PHONE:

(07) 4056 6366

MOBILE:

0407 137 186

Virtual Inspection:

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40-42 Moody St, Manoora, QLD 4870

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