Cairns Motel - Leasehold & Freehold
(no street name provided), Woree QLD 4868
$4,100,000
HotelSize: n/a
Block size: 4582 m² approx.Hotel size: 1 m² approx.
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;
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;
Inspections
No open inspections scheduled.
Send an enquiry
Contact Robert Lin to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Hotel
Block Size:
4582 m²*
Other Details
Hotel Size:
1 m²*
*These are approximate values based on available information.
Property history
We couldn't find any history for this property.
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Woree suburb information
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SummaryMedian sales
Average Age
41 years
Population
5,127
Listing ID: 177300500. This listing has been viewed 0 times. It was first displayed on 18/09/2019 and last updated on 26/05/2020.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.