Innisfail, Queensland

2631MF - FREEHOLD STYLED EUROPEAN CHARM CHATEAU MOTEL, RIGHT HERE IN INNISFAIL

SOLD

Business Description

Your very own European inspired Paradise here in Innisfail, Far North Queensland, earning $3,500 per week, for a semi-retired couple.

- 15 room recently refurbished motel.

- Good reliable money-making opportunity as an initial starter opportunity or a transition to retirement, earning around $3,500 per week.

- Easily managed by one person, very easy life for two.

- Centre of town location easy park and short walk to restaurants / hotels and a number of other conveniences and attractions.

- High quality Self Rated 3.5 star property.

- A good mix of corporate and local clients as well as passing trade with plenty of opportunity for growth.

The motel has been ongoingly repainted and refurbished. It is a high quality 3.5 star property with a good mix of corporate and local clients as well as passing trade with plenty of opportunity for growth.

This is a very easy to operate business and would suit a single operator or couple looking to enjoy a great lifestyle.

- Great reviews on Trip Advisor 4/5 and Booking.com 8.3 and a strong established return business.

- Owner’s residence is in the order of 90m2 and is a light-filled two bedroom residence.

- The residence offers a large open plan living and dining area, two bedrooms with their own ensuites.

- Well worth the inspection and a solid opportunity

- The motel kitchen is equipped with overhead fans and lino floors.

- Outside the property features nice landscaped gardens, shed/workshop and a single carport.

Earning a Net Income of $181,907 in 2019/20, and with little COVID effect, this Motel is Priced to Sell at $950,000, reflecting a Return on Investment for a Coastal Seaside Motel of around 19%.

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

Property ID: 2631MF (quote when enquiring)

Property Code: 3571

Business Summary

Marketing Agent
Antonio Curulli
Antonio Curulli

Key Investment Insights

- 15 room European inspired motel located in the centre of Innisfail, Far North Queensland.
- High quality Self Rated 3.5 star property with good mix of corporate and local clients as well as passing trade.
- Easy to manage for a single operator or couple, with potential for growth.
- Owner's residence is a light-filled two bedroom with open plan living and dining area.
- Great reviews on Trip Advisor and Booking.com, with a strong established return business.
- Net Income of $181,907 in 2019/20, with little COVID effect.
- Priced to sell at $950,000, reflecting a Return on Investment of around 19%.
- Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
- Property ID: 2631MF (quote when enquiring)
- Property Code: 3571
Listing location

This Business is sold

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