35 Room Northern Queensland feehold Going Concern motel opportunity.
This freehold Going Concern Northern Queensland motel is well located on the main highway and offers quality comfortable accommodation in a range of room configurations mainly to construction tradies.
This high exposure, low set complex consists of 35 rooms, an outdoor saltwater swimming pool, BBQ area, on-site restaurant, bar & lounge, children’s play area, guest laundry and a 2-bedroom owners’ residence.
The current owners of 15 years are offering this property due to health reasons with potential to increase on already consistent trade. The motel has spare land for future expansion and can be acquired as a freehold going concern.
The property is currently being run under part time management.
Freehold Going Concern: $2,700,000.00 + SAV
(Two Million, Seven Hundred Thousand Dollars + Stock at cost)
Alternatively it can be purchased leasehold with a long term lease agreement.
- Land is 2,000 m²
- Floor Area is 800 m²
- 40 Car Spaces