Richmond, Queensland

2580ML - Huge Reliable Money Area with Quality Home and Motel Offering

SOLD

Business Description

- Exceptionally reliable money maker.

- Huge return and regular business.

- Spacious 3 bedroom residence.

- Fantastic opportunity to make good money and have a life.

- Popular location that does not need a website or have one but would benefit considerably allowing you to add instant value.

- 25 modern units in the facility on profile corner block.

- Diversified business with a number of income streams.

- Built in 2001, the property is modern and well presented.

- Lease expiries December 2044.

- Fantastic starter or a property for a family seeking a long term reliable cashflow business.

- Modern brick construction with iron roof.

- Close to all amenities in addition to the tourism sites the area has to offer, guests can easily use the property as a base and have a long-term stay.

Net Profit $350,318 for 2018/19

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2580ML (quote when enquiring)

Location: Richmond is a small outback town, located halfway between Townsville and Mount Isa, which is essentially a service centre for the surrounding sheep and beef pastoral community. Characterised by a wide main street (Goldring Street) it is enhanced by its median strip gardens of bougainvilleas, native trees and shrubs. When you're feeling hungry, you can check out Mud Hut Hotel (0.1 km), Treats For Your Table (0.5 km), or Moonrock Cafe (0.1 km), which are all within walking distance of the motel.

Property Code: 3166

Business Summary

Marketing Agent

Michael Philpott

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Exceptionally reliable money maker with a huge return and regular business.
2. Spacious 3 bedroom residence included in the sale.
3. Fantastic opportunity to make good money and have a balanced work-life.
4. Popular location with potential for increased business through website presence.
5. 25 modern units on a profile corner block.
6. Diversified business with multiple income streams.
7. Modern and well-presented property built in 2001.
8. Long lease expiry in December 2044.
9. Suitable for first-time buyers or a family seeking a long-term reliable cashflow business.
10. Modern brick construction with iron roof.
11. Close proximity to amenities and tourist attractions, making it an ideal base for long-term stays.
12. Net profit of $350,318 for 2018/19 financial year.
13. Property ID: 2580ML.
14. Located in the small outback town of Richmond, halfway between Townsville and Mount Isa.
15. Characterized by a wide main street and beautiful median strip gardens.
16. Close to popular dining options within walking distance.
17. Property code: 3166.