Cairns City, Queensland

Freehold $3,998,000

Property Description

2609MF - Cairns Freehold Motel with Serious Bite

This is a great opportunity to get into one of Australia's best regional markets that is teaming with International and Domestic travellers. On offer is a freehold going concern motel on over 4,600 m2 land that has been extensively renovated over the past 4-5 years and now presents as a solid 3.5 star motel and upmarket restaurant with regular local trade.

Main points of interest are:

- First motel within the town limits as you enter Cairns from the South.

- 36 rooms of various configuration all upgraded in past 4 years.

- Fully functional and profitable restaurant with liquor license.

- Onsite pool, kids' playground and barbeque area.

- 2 bedroom owner's residence plus small studio unit for manager/staff.

- Onsite laundry, good storage and undercover parking available.

- Good security via CCTV system.

- 30 kw solar system saving approximately $20K per annum on power usage.

- Close to Cannon Park Racecourse, the Cairns Golf Course and Stocklands Shopping Centre.

- Trained and reliable staff in place to assist new owner.

Do not be fooled into thinking the market in FNQ is quiet - this is a real money earner and the current owners have set a very realistic price as they are serious about selling.

Call Tony today to set sail on your new business venture.

Net Profit $544,715 for 2018/19

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2609MF (quote when enquiring)

Property Code: 3355

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent

Marketing Agency

Tourism Brokers

Tony Johnson
Tourism Brokers


Listing Tools

This listing last updated: 11th September 2020

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Map Location ( get directions )

Cairns City, Queensland 4870 Exact map location not provided

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