Cloncurry, Queensland

PRICED REDUCED - 2 Motels in Cloncurry - 1P4682M

2 Motels $2,900,000

Property Description

CRE brokers are pleased to be appointed exclusive agents to market the Wagon Wheel Motel and Cloncurry Motels, located around the corner from each other and managed from the one location. The vast majority of customers serviced by this Motel are Mining Contractors and Road Workers. This Motel is trading strongly right now.

Cloncurry is at the Intersection between Mt Isa, the Queensland East Coast and North of the Winton Shire. These Motels cater for a wide variety of clientele; mining workers, tourists, railway workers and road construction workers.

Turnover for the year 2018/19 for the two Motels combined was over $1.6m and the business enjoys a good flow of regular, corporate repeat business. The main Motel is located on the main road through town and includes a busy restaurant/take away pizza operation.

Altona Mining has recently finalised a $3M deal for copper-gold mining, just 60km north of Cloncurry.

Property Summary

Motel Information

Marketing Agent
Ronnie Slebos
Ronnie Slebos

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

A colourful history and has an impressive present ROI  | Resort Brokers ID : FH006836
ResortBrokers
A colourful history and has an impressive...

CHARTERS TOWERS

$2,850,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Caretaking Only Management Rights @ Garden City
Business For Sale - Live the Bayside Lifestyle - ID 8957 BL
Prime location with high occupancy rates & net returns | Resort Brokers ID : LH006891
Quest Apartments - Regional Powerhouse, net profit over $1m | Resort Brokers ID : LH006917
Business For Sale - Lifestyle Permanent Management RIghts - ID 9031 BL
Realistic Vendor - Keen To Sell
Not Required to Live Onsite
Located in Eight Mile Plains
Rare Large Townhouse Complex - High Renumeration
Quiet Townhouse Complex
Solid Investment - Motivated Vendor
Great Value Management Rights in Loganlea
Low Multiplier - Realistic Vendor - Potential For Growth
Brisbane CBD - Motivated Vendor
82HF - THRIVING QLD PUB WITH FANTASTIC ROI
Business For Sale - Large Varsity Lakes Permanent - ID 8941 H
Secure this rare FREEHOLD motel on prime coastal reality with KNOCKOUT views! | Resort Brokers ID : FH006910
ONE OF QUEENSLAND'S LARGEST MANAGEMENT RIGHTS PORTFOLIO’S TO HIT THE MARKET | Resort Brokers ID : MR006896