Woree, Queensland

RARE OFFERING OF A LEASEHOLD MOTEL FOR SALE IN CAIRNS. 20 ROOMS SHOWING 35% RETURN!

SOLD

Business Description

We are pleased to offer the leasehold interest of a 20 unit Motel in the City of Cairns.

The Cannon Park Motel is located on the Bruce Highway at the Southern entrance to Cairns and opposite the Cairns Race Course.

This Motel has a solid trading history with Queensland Rail, airlines, and the mining industry amongst the established clients.

There is also “Silks” Restaurant which is fully licensed.

The Motel is rated as 4 star and presents in excellent condition.

If you are looking for a high profile Motel with excellent trading history and exceptional presentation in Tropical North Queensland, then this is a must see.

Business Summary

Marketing Agent

Chris Rowe

A B Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Rare opportunity to purchase a leasehold interest in a 20 unit Motel in Cairns.
2. Located on the Bruce Highway at the Southern entrance to Cairns, providing high visibility and easy access.
3. Solid trading history with established clients such as Queensland Rail, airlines, and the mining industry.
4. Fully licensed "Silks" Restaurant on site.
5. Motel is rated as 4 star and presents in excellent condition.
6. High profile location in Tropical North Queensland.
7. Exceptional presentation and well-maintained property.
8. Potential for growth and increased revenue with strategic marketing and targeting new clientele.
9. Opportunity for new owners to capitalize on the booming tourism industry in Cairns.
10. Motel shows a 35% return on investment, providing a strong and stable financial opportunity.