Cairns North, Queensland
BEST LEASEHOLD MOTEL IN CAIRNS, 81 ROOMS WITH 31 YEAR LEASE!!
SOLD
Business Description
We are very pleased to have been appointed as exclusive Brokers to offer for sale, the leasehold interest of the Cairns Queens Court Motel.
This is a very rare offering of a high quality, large Motel within the Cairns CBD environs.
The property presents in excellent condition and offers a personalised service to both leisure and corporate travellers.
There is a good mix of room types ranging from budget with shared facilities, standard twin and double rooms, interconnecting rooms, through to 4 star premier and studio rooms.
There is a very inviting swimming pool and guest lounge with BBQ area.
The Motel has a small commercial kitchen and supplies breakfast only in an intimate dining room and alfresco area around the swimming pool.
Currently fully staffed, this property will suit hands on operators, or those looking for a high producing fully managed investment.
Business Summary
Key Investment Insights
1. Rare offering of a high quality, large Motel within the Cairns CBD environs
2. Excellent condition and personalized service for both leisure and corporate travelers
3. Good mix of room types to cater to different budgets and needs
4. Inviting swimming pool and guest lounge with BBQ area
5. Small commercial kitchen and breakfast service in intimate dining room and alfresco area
6. Fully staffed and suitable for hands-on operators or fully managed investment
7. 31-year lease provides long-term stability and potential for growth
8. Prime location in popular tourist destination of Cairns
9. Opportunity to capitalize on the growing tourism industry in the region
10. Strong financial performance and potential for further growth
11. Well-maintained property with potential for further improvements
12. Established and reputable business with a loyal customer base
13. Potential to expand services and amenities to attract more guests
14. Experienced and knowledgeable staff in place to support new owners
15. Attractive and flexible lease terms for potential buyers.
