Motel - Freehold - Investment - Opportunity
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Motel - Freehold - Investment - Queensland North Coast - Agent SBX Code Number: CB1302
Freehold airconditioned motel with lease in place and with 12 ensuite guest rooms, plus another room used for storage, providing a good range of accommodation options - All rooms have tea/coffee making facilities, fridge, microwave oven, flat screen TV and free wifi access - A comfortable separate two storey airconditioned residence of 3 bedrooms and two bathrooms has a kitchen capable of providing room service meals also contains the office/reception area - The motel is located in landscaped gardens and guests have access to an attractive in ground pool with gazebo style shelter.
Provide room service meals - Obtain liquor license - Provide Foxtel to rooms which is currently available to residence - Update computer software - Attend to minor cosmetic appearance issues.
Great position - Strong passing traffic - Easily managed - Close to all amenities
Single storey Besser brick premises with separate 2 storey 3 bedroom premises and a total area of 1500 sq. mts.
Main highway frontage in strong regional town close to coast in North Queensland.
New lease commenced 20 Dec .2016 expires 19 Dec 2026 + 5 + 5 + 5 + 5 years - increasea C.P.I.- nil bond.
Income is gst inclusive - Buildings are built to cyclone proof standards - Lessee pays all outgoings - Lease is available for purchase ( see CB1279 ).
Agent SBX Code Number: CB1302 - Sydney Business Exchange