TOWNSVILLE LEASEHOLD MOTEL , ENTRY PRICE FOR 25 ROOMS.
We are pleased to offer for sale, the leasehold interest of the Spanish Lace Motel.
The Spanish Lace is located on Townsville’s popular Bowen Road
The property consists of 25 well‐appointed units over various styles.
4 doubles, 9 twins, and 12 family units. 11 are self contained.
The Motel has a tropical swimming pool and BBQ area for guests.
Currently the Restaurant is closed and breakfast is served to the
rooms, and there is a popular Sports Bar.
The Motel is a popular destination for groups, being the closest to the Murray Sporting facilities. With occupancy at around 53%, there is opportunity to continue with the growth this Motel is presently experiencing.
The current owners have recently spent a large amount on extensive re‐tiling and bathroom upgrades.
The Motel is ready for new owners to take it to the next level.
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -