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;
