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
Michael Philpott

Key Investment Insights

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.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Hop and Skip to the Beach!!!
Newly Built Permanent Management Rights Opportunity - Northshore Residences Townsville
True Money Earner - 2834ML
Freehold Investment Opportunity with Options
FOR SALE BY EXPRESSIONS OF INTEREST - Goulburn Central Motel NSW - 1P0509
The BEST -Freehold & Business Hotel/Motel with Post Office on the market !
West Coast Gold – Be in for Next Summer!
Milkwood Lodge – Cooktown FHGC.
Prime Management Rights in Taringa - Body Corporate Salary 83% of Total Income! | Resort Brokers ID : MR008694
Coorrabin Motor Inn - 1P6229
Ragtime Tavern - 1P6362
Permanent Villa Caretaking!!!
A GOLDEN OPPORTUNITY IN THE HEART OF THE BRISBANE OLYMPIC FESTIVITIES
Luxury Lodge & Investment Opportunity - New Zealand
Best freehold going concern lifestyle business on the market
No Office Hours, High Returns, Low Maintenance – Business-Only MLR in Prime Chermside
Charming 9-Room Motel – Ideal Entry-Level Opportunity with Growth Potential | Resort Brokers ID : LH008699
Upscale Rainforest Retreat in Prime Sunshine Coast Hinterland Location | Resort Brokers ID : FH008691