Cairns Motel - Leasehold & Freehold
Woree

$4,100,000· (For Sale)
  • Woree
  • Woree
  • Woree
  • Woree

The motel is located on the Bruce Highway main road into Cairns with a very strong repeated corporate clientele.
This is a rare opportunity to acquire the leasehold and freehold investment of Motel. Comprising 38 well-maintained rooms, the motel offers a good mixture of queen and family-style rooms. The business offers an opportunity to make the most out of a thriving business with a 25 –years lease in place.
• Great location at North Queensland
• Strong corporate clientele and repeat guests
• 70% occupancy
• Brand new long term 25 years lease
• Neatly appointed 38 rooms with more land for development
• 30km solar panels
• Commercial washing machine and laundry;
Net income:
Motel $200,000 + GST
Total net income $299,186
Leasehold& Freehold Price: $4,100,000;
Leasehold part can be sold separately for $1,200,000;

Location

Robert Lin

Principal, MREIQ

0433000888

Robert is the Principal of Joy Realty and a Full Licensed Agent. Having owned investment properties and management rights business in Brisbane Southside for the past 10 years, Robert knows what it is that clients expect from their agents first-hand, and you can be rest assured that he delivers. Robert specialises in marketing management rights and land & acreage properties, and is closing in on $50,000,000 in sales as of October 2012. Believing in determination, persistence and good old fashi...

Contact