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

Inspection will not disappoint

Commercial Property Information

Annual Outgoings: 0
Further Options: N/A
Zoning: N/A
Number of Bedrooms: N/A
Number of Car Spaces: N/A
Location: 574 Mulgrave Road Cairns QLD
Gross Yield: N/A
New Build: N/A
Current Lease Ends: 2040
Anual Rates: 135.000,- plus outgoings
Land Area: N/A
Floor Area: N/A
Number of Floors: N/A
Number of Bathrooms: N/A
Annual Body Corp: 0
For Sale: N/A
Return on Investment: 30% pa

Consultant Details

Frank van der Heijden

PHONE:

(07) 4056 6366

MOBILE:

0407 137 186

Virtual Inspection:

Enquiry Form

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