Hervey Bay, Queensland

Leasehold $580,000

Property Description

Multi-Award winning Coastal Motel For Sale 30% ROI - Fraser Coast

Multi-Award winning Coastal Motel For Sale 30% ROI - Fraser Coast

14 Room Freehold Motel / Eco-Resort on 2 acres of land with huge development potential to have ocean views.

NEW 30 Year Lease, first time offered as a Leasehold opportunity. Showing a 30% Return on Investment, after rent and all operating expenses.

This beautiful property has 14 oversized studio suites with kitchenettes. Facilities include Resort Style Pool, Guest Laundry, BBQ.

Set in tropical rainforest gardens, adjoining the Medical precinct, attracting quality corporate trade.

Current owners have owned for nearly 10 years and presently have the business run under management.

Schools and TAFE College nearby.

$170,000 Net Profit for 2016/17 financial year (after rent)

Property Summary

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:QLD - Fraser Coast

Marketing Agent


Marketing Agency

CRE Brokers

Craig Clark
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Hervey Bay, Queensland 4655 Exact map location not provided

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