Accommodation and Tourism
Ref: eagle_460639

Cairns Motel - Leasehold & Freehold For Sale

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
Price: $1,200,000
Joy Realty
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Broker : Robert Lin
Phone: 07 3344... (click to show)
Mobile: 0433 000... (click to show)
Shop 1, 95 Mains Road,
Sunnybank, QLD, 4109

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