15-19 Victoria Street, Townsville, Queensland

MOTEL WITH AWESOME VIEWS, TOWNSVILLE CITY

SOLD

Business Description

PROPERTY DESCRIPTION
• Solid 24 room of brick & tile construction
• Stunning 180 views of Magnetic & beyond to the north
• Outstanding location in North Ward. Townsville #1 suburb
• Extensively renovated over the last 2 years
• Restaurant & large commercial kitchen under-utilised with huge demand
• Rooms are large with most being self-contained.
• Flood Free property
• Leafy location with CBD (400m) & Strand Beach (800m) nearby
• Mix of clientele – Corporate, tradies, regulars, tourists, groups
• Idyllic tropical lifestyle with income as well

Business Summary

Motel Information

Total Rooms: 24Restaurant: YesSale Type: Freehold
Marketing Agent
Chris Cooper
Chris Cooper

Key Investment Insights

1. The motel has a solid 24 rooms made of brick and tile construction.
2. The property offers stunning 180-degree views of Magnetic Island and beyond to the north.
3. The location of the motel is in North Ward, which is considered to be Townsville's #1 suburb.
4. Extensive renovations have been carried out over the last 2 years.
5. The restaurant and large commercial kitchen are currently underutilized, despite high demand.
6. The rooms are spacious and most are self-contained.
7. The property is flood-free.
8. The motel is located in a leafy area, with the CBD and Strand Beach nearby.
9. The clientele is diverse, including corporate guests, tradies, regulars, tourists, and groups.
10. The motel offers an idyllic tropical lifestyle with a steady income.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

FHGC Rocky Cape Tavern & Caravan Park 15 acres, Great Turnover Highway Frontage $1,295,000 +sav
Blue Chip Investment - 859MI
Seller Near Retirement - Priced to Sell at Only 2.5X!
Excellent Opportunity For Owner-Operators - 1694ML
Great Opportunity - Prime Location European Design
25 Room Dubbo Leasehold Motel Located Close to City - Operating Under Management
Great Entry-Level Opportunity - Awesome Returns!
Thriving Brewery & Retreat – Profitable, Scenic, Expandable Opportunity
Charming Country Inn Leasehold in Prime Location
High-Performing Management Rights Business with still more Growth Potential
EXCITING LEASEHOLD OPPORTUNITY - 1942ML
INVESTMENT OPPORTUNITY IN A HIGHLY PROFITABLE MOTEL - 1942MI
A Motel Business That Shines Bright Like a Diamond - 452ML
Highly desirable Caretaking-Only absolute beachfront
Business Only - $188,740 Net Profit - ID 9185
Business Only with High Stable Salary - ID 9184
Regional Gaming Venue with Exceptional Features - 130HF
Permanent GEM in Eight Mile Plains - Brisbane Southside Central