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: 21 Jul 2024 23:00:07

Business Summary

Business Snapshot

Price: $1,695,000 Net Profit: $300,235 Remuneration / Body Corp Salary: $96,295

Managers Unit

Value of Managers Apartment: $440,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 23Total Units in Letting Pool: 22Agreement Term Remaining: 23 years
Marketing Agent
Listing location

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