Richmond Hill, Queensland

SOLD - Charters Towers Motel

SOLD

Business Description

CRE Brokers are proud to be appointed Exclusive Agents for this excellent Leasehold Opportunity in thriving Charters Towers.

All 24 rooms in this motel present in immaculate condition to create a warm, positive first impression for arriving guests. There is a commercial kitchen (not currently used) and a 2 bedroom residence for the manager.

There are more than 25 years remaining on the Lease. This business has been run under management for almost 2 years - projected Turnover for 2024/25 is $830,000.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:QLD - Cairns & North

Marketing Agent

Ronnie Slebos

CRE Brokers

Key Investment Insights

1. Exclusive Agents appointed for excellent Leasehold Opportunity in Charters Towers.
2. All 24 rooms in immaculate condition.
3. Commercial kitchen and 2 bedroom residence for manager.
4. More than 25 years remaining on Lease.
5. Business has been run under management for almost 2 years.
6. Projected Turnover for 2024/25 is $830,000.
7. Located in thriving Charters Towers.
8. A:LEASEHOLD, B:MOTEL, C:QLD - Cairns & North.