$3.5 Million Freehold and Business, North Queensland

15 days ago

Location:
Regional QLD > Queensland

Investment level:
$3,500,000 (Negotiable)

Type:
Business

Industry:
Miscellaneous > Accommodation & Tourism > Motel

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Internal Ref: PC 012

Summary

Are you ready to make a sea change to this cash generating asset / business on the Great Barrier Reef in North Queensland?

Location Details

North Queensland

Reason for Sale

Owner wishes to relocate

About the Business

Solid well built brick building of 28 rooms, fully air-conditioned throughout consisting of 12 self-contained units with full kitchens and 16 motel style rooms.

2 laundries, 150 seat restaurant/ conference centre with a fully equipped bar, in ground pool and barbecue. It has it's own historical wedding reception, newly renovated.
There is a generator as a back up.

The business has been run for the by a well respected family in a small beachside town and they have decided, it's time to retire.

A wonderful opportunity presents itself for a new savvy operator family with a fresh approach to stamp their new brand upon this business.
The only suitable accommodation in this area for tourists, Govt. departments including Park and Wildlife, schools and police.

Only meters from the white sandy beaches of the Great Barrier Reef, a popular tourist haven, backpackers and company reps are repeat customers.
There is significant growth of tourists and an obvious new interest in surrounding farming and seaport areas.

Current occupancy rates are at all time highs and still in growth mode
Owners will provide impressive valuation documents to interested parties

For further info and request for a confidentiality document, please contact Paul O'Connell.

REF ID: PC 012

* Photos used do not represent the actual property/business that is for Sale.

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