Port Douglas, Queensland
An exceptional Tropical north QLD property & an impressive MR business | Resort Brokers ID : MR007857
$1,695,000
Business Description
Don't miss your chance to invest in the thriving Lazy Lizard Motor Inn. With its comfortable accommodation, prime location, and proven revenue streams, this opportunity promises success. The inn's established reputation and diverse amenities ensure a steady flow of guests year-round. Seize this golden opportunity to enter the lucrative hospitality industry or expand your portfolio.
With the Lazy Lizard Motor Inn, you'll enjoy both immediate returns and long-term growth. Don't wait – enquire today and secure your place in the Port Douglas market.
- Exceptionally strong turnover and net profit
- Multiple tourism award winning property
- Zoned short term only - No owner occupiers
- Old commercial kitchen on title - can be transformed into 3rd bedroom
- Excellent repeat business and corporate partnerships
- Minimal gardening and cleaning required
- Inspections by appointment only
Date updated: 03 Nov 2024 22:00:04
Business Summary
Business Snapshot
Price: $1,695,000
Net Profit: $344,554 Remuneration / Body Corp Salary: $91,535
Managers Unit
Value of Managers Apartment: $440,000Bedrooms: 2Bathrooms: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 23Total Units in Letting Pool: 22Agreement Term Remaining: 23 years