Tin Can Bay, Queensland
Beach Location, Motel and Development Land Holding - 2111MF
FREEHOLD $4,000,000
Business Description
- Well presented 12 unit motel, all with kitchenettes.
- Great coastal location in the Tin Can Bay village on the QLD Coast.
- Located on fully landscaped 4,000 m2 block with development potential (STCA).
- Beautiful in ground pool and barbeque facilities.
- Ideal for a couple young or old, very easy to operate.
- Land bank for the future or develop now, with potential for an additional 10-20 motel rooms or coastal townhouse complex (STCA).
- Large 3 bedroom home over two levels.
Net Profit: $250,000 estimated – currently being leased (vacant possession option by negotiation )
Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2111MF (quote when enquiring)
Property Code: 4992
Business Summary
Key Investment Insights
1. Prime beachfront location in a popular coastal village on the QLD Coast.
2. Well-maintained and presented 12 unit motel with kitchenettes, ideal for a couple to operate.
3. Situated on a large 4,000 m2 block with potential for development (subject to council approval).
4. Additional features include a beautiful in-ground pool and BBQ facilities.
5. Potential for future growth and expansion with potential for an additional 10-20 motel rooms or coastal townhouse complex.
6. Large 3 bedroom home over two levels included in the sale.
7. Currently being leased with a net profit of $250,000 estimated, with the option for vacant possession negotiation.
8. Land bank for future development or develop now for immediate returns.
9. Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
10. Property ID: 2111MF (quote when enquiring).
11. Property Code: 4992.
