Townsville City, Queensland
1944ML - FULLY REFURBISHED, NOTHING TO DO, READY SET GO COME AND GET ME!
REDUCED LEASEHOLD $745,000
The Motel has 34 well-appointed and recently refurbished rooms of mixed configurations, providing a welcoming, comfortable and affordable accommodation to guests.
The motel is presented in excellent order and is highly regarded with a very high percentage of repeat business.
Guests can enjoy the swimming pool, barbeque area, off street parking, guest laundry, pay television and free Wi-Fi.
The Motel is conveniently located:
- 15 minutes from the airport, Townsville CBD and Townsville Hospital
- Walking distance of both small and major shopping centres.
- 10-minute drive from Townsville city centre
- 5-minute drive from Mater Hospital
- 8-minute walk from Townsville Golf Club.
- 12-minute drive of both Reef HQ Aquarium and the Museum of Tropical Queensland.
- Vendor Finance to approved Buyer up to $245,000.
- Terms of Vendor Finance are as follows: based on full amount financed being 36 instalments of $7,125 per month.
The large two -bedroom, one bathroom residence provides a very comfortable and spacious living space with split system air conditioning.
An easy to operate, fully refurbished motel that is very profitable with everything in place for the next owner to maximise the opportunity.
Either owner operate or there is enough profit to run under passive management (25% ROI under Management).
Net Profit: $322,459 for 2020/21
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1944ML (quote when enquiring)
Property Code: 3839