Ayr, Queensland

2037ML - JUST RENOVATED, THIS MOTEL IS READY TO REAP THE REWARDS

LEASEHOLD $400,000 + SAV

Property Description

Recently renovated, this 17 room Leasehold Motel in regional Far North Queensland is being presented to market for the first time since 2010.

With a great quiet location and ample space, this motel ticks all the boxes. A restaurant under lease adds to your income, without the added hassle of operation and your focus is just the motel side.

Run the Restaurant or Lease it out for $18,000 PA, giving you a low rental of $85,000 which is around $5,000 per room.

There is a further 15 years left on the lease, and with little maintenance post renovation it is waiting for someone to invest and reap the rewards.

A spacious three bedroom residence completes this property.

This Motel has not had a chance to take advantage of the full renovation with COVID-19 presenting itself. It is ready for an astute operator to take advantage of the recent refurbishment.

Vendor will welcome all offers.

Net Profit: $29,200 for 2019/20

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2037ML (quote when enquiring)

Property Code: 3703

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Marketing Agent
Antonio Curulli
Antonio Curulli

Tourism Brokers
Tourism Brokers

Tourism Brokers

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Lease Motel in Large Regional Centre
QTHB
Lease Motel in Large Regional Centre

QUEENSLAND

Leasehold $495,000 - Ref ALR126

Total Rooms: 37
Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

NORTH QUEENSLAND LEASEHOLD MOTEL , 40% RETURN AND 25 YEAR LEASE. FULLY RENOVATED!
Business For Sale - Family Friendly Permanent in Robina Area - ID 9017 BL
Easy and Solid Management Rights & Not Required to Live On-site!
Bass & Flinders Motor Inn, Excellent Business, Property & Opportunity, FHGC $1.6 Mill
Business For Sale - Stunning Waterfront Golf Resort - ID 7921 BL
Tassie East Coast Management Rights Income $75,000 approx, 3bdr unit +studio 0/0 $450K
80HF - THE ICONIC COUNTRY PUB IN THE WESTERN DISTRICTS IS UP FOR GRABS
1266ML - WORK FROM HOME - REFURBISHED AS NEW LEASEHOLD BUSINESS
61ML - SOLID NEW ENGLAND LEASEHOLD BUSINESS IN THE HEART OF TOWN
MR Business for Sale: Central Location together with Solid Income in Sunnybank Hills, Brisbane.
30 Acre Caravan Park with Direct Access to a Tropical Coastline - 1P5003CP
2489MF - A RARE COASTAL FREEHOLD WITH AN EXCITING OPPORTUNITY
Brand new lease in North East Victorian tourist hot spot
Leasehold For Sale - Horse & Jockey Hotel, Tarcutta NSW - 1P0053
A spacious, tropical setting with plenty of room for growth. | Resort Brokers ID : FH006745
1254ML - BLUE-CHIP CORPORATE LEASEHOLD, LIVE OFFSITE IN THE COUNTRY MUSICAL CAPITAL
Now is the time to buy into the home improvement market!  Franchises available Australia wide
Now is the time to buy into the home improvement market!