Property

Beachfront Leasehold Motel & Tourist Park

Leasehold $1,480,000
New Listing

Description

Situated in Tropical North Queensland this motel and caravan park has spectacular ocean and island views. Set on approx. 6 acres with esplanade and highway frontage, improvements include:

* 28 Beachfront Motel Units
* 12 Park View Motel Rooms
* 6 Studio Rooms
* 3 Bedroom Cottage/House
* 2 Bedroom Owners/Managers Residence
* 15 Cabins
* 89 Caravan Sites
* Inground Pool, BBQ Area and Children's Playground
* Superb Licenced Restaurant (leased to 3rd party)
* 45kW Solar System
* WiFi Upgrade to Motel Rooms

Key Features:

* Impressive beachfront location
* Offers an outstanding return after management
* Track record of year on year increase in profitability
* New 30 year lease offered
* Commencing Rent only 19% of the Income

Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.

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