Motel Plus Residence Plus Vacant Blocks On 3 Titles - Cloncurry, Qld
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With millions of dollars committed to economic development and jobs in the area, a savvy investor will see the huge potential in this business, house and land package in Cloncurry.
As Cloncurry gets ready to celebrate its 150th anniversary in 2017, major developments have been given the go-ahead, including the $1.5 billion Dugald River zinc mine, which will provide 500-600 construction jobs.
Nestled on the banks of the Cloncurry River, and famous for being the birthplace of the Royal Flying Doctor Service, 'The Curry' boasts excellent facilities - including schools, library, hospital, swimming pool and sports clubs - and a strong economy, based on mining, agriculture, tourism and transport.
An opportunity exists here to purchase a successful 11-room motel in the heart of the CBD, close to shops, restaurants and businesses.
This excellent freehold package also includes a 3-bedroom house plus 2 vacant blocks of land, on 3 separate titles.
This very well maintained business is 13-years-old, easy to run and currently under management.
Described by guests as a 'real oasis' with 'big clean rooms' and 'great value', this popular, air-conditioned motel is packed with potential.
At a glance:
* Well positioned, with easy parking for trucks and caravans
* Potential to cash in on local growth, and opening of zinc mine
* Vacant land could be used to extend the motel or build a home, or sold
This excellent home and business package in a friendly country town would be perfect for a family or semi-retired couple seeking a guaranteed return on their investment.
Price: Freehold $900,000-plus