Townsville, Queensland
Waterfront CBD Location in Townsville - 30 Years on Lease - 1P6237M
Leasehold $1,975,000
Business Description
CRE Brokers are pleased to be appointed as Exclusive Agency for the Leasehold sale of the Beach House Motel, widely recognised as having the best location in Townsville. With absolute water frontage, the Motel is nestled in the heart of the world-class Strand.
Positioned in the heart of Townsville with guests enjoying a relaxing walk to the restaurant and cafe precinct as well as a wide variety of attractions, activities, events and local amenities. The Motel offers relaxing accommodation with views over Magnetic Island and Cleveland Bay, perfect for family, business and group travelers.
Business Highlights:
. Over 30 Years remaining on lease
. 26 rooms well presented rooms
. Demonstrated history of consistent revenue and profit
. Waterfront location with ocean and island views
. Presently run under management
. Net profit approaching $500,000
Act quick to secure this outstanding business opportunity.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:QLD - Cairns & North
Key Investment Insights
1. Prime waterfront location in the heart of Townsville's CBD
2. 30 years remaining on lease, providing long-term security for the business
3. Well-presented and maintained motel with 26 rooms
4. Proven track record of consistent revenue and profit
5. Stunning ocean and island views from the property
6. Close proximity to a variety of restaurants, cafes, and local attractions
7. Ideal for family, business, and group travelers
8. Currently run under management, providing potential for owner-operator to increase profits
9. Net profit approaching $500,000, offering a strong return on investment
10. Highly sought-after location with limited competition in the area.