280ML - Serious Offers Considered on Good Quality Leasehold

SOLD

2,000 m2

No stamp duty to pay on this going concern business
30 rooms of varying configurations all of a 3.5 star standard
Very good Landlord is willing to help tenants
22 year lease remains from December 2018
Easy to maintain grounds, only a pool, very minimal work
Consistent profits with further growth opportunity
Solid performing country town only 1.5 hours to the Gold Coast and 30 minutes to the beach
Get your skates on as this will roll aways before your very eyes.

This well maintained 30 room 3.5 star motel has proven to be a consistent earner for the current owners. Dedicated long term cleaning staff and relief management in place. Current owners do no regular cleaning. The two bedroom ground floor owner's residence has direct access to reception and the restaurant for ease of operation. The pool is being relined by the landlord ready for summer which leaves nothing to do but take money.

This is an ideal couple operation or with a bit of re-configuring could suit a larger family group.

Motivated vendos are realistic and ready to talk to serious buyers who want to be in for Christmas.

So call now as all serious offers will be considered!

Net Profit $197,749 for 2017/18

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 280ML (quote when enquiring)

Location: Set on the banks of the Richmond River, with a population of approximately 12,000, Casino is a thriving rural centre that’s renowned for its quality beef production, timber and agriculture and as the rail and freight hub of the far north coast. Numerous parks and gardens make Casino a picturesque town and the natural beauty of the Richmond Valley is home to many National Parks and a huge variety of bird life. It is 726 km north of Sydney and 228 km south of Brisbane.

With its wide open streets, Art Deco buildings, relaxed, friendly community and exciting potential economic business strategies, Casino is becoming a sought–after place to live, work and play. Casino has a fully-fledged hospital, three High Schools, seven Primary Schools, several Pre-Schools and day care centres and two Specialty Schools. Adult education is serviced by ACE and TAFE in Casino and Southern Cross University is a 30 minute drive away.

Sporting facilities are excellent with golf, cricket, rugby league, rugby union, football, tennis, hockey, basketball, baseball all available. There is a 50 metre swimming and two gyms.

Price	SOLD
Location	Casino
Property ID	280ML
Category	Motel

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
Centralised Administration 32 - 34 Lamorna Avenue
Beecroft NSW 2119

Ph: 1300 512 566 (International +61 2 9872 9943)
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Email: sales@tourismbrokers.com.au

Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

To maintain the confidentiality of the information and material made available to me/us, I/we agree as follows;

a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

b) Any copies made of the information and material will only be for the purpose of internal communications and that a system will be instituted to facilitate the recovery of any such copies.

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This undertaking shall not apply to information and material that;

a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

b) Was already known to me/us before the date thereof.

c) Is subsequently provided or disclosed to me/us by a third person who has the right to provide or disclose same.

d) Is disclosed by me/us pursuant to any law or order of any court, of any governmental agency or other regulatory body with whose instructions me/us are bound to comply with.

Although I/we understand that Tourism Brokers Pty Ltd, Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers and the Vendor and their Solicitors believe that the material to be provided is accurate to the best of their knowledge, I/we acknowledge that no representation or warranty has been made or given as to the accuracy or completeness of any information or material obtained. I/we agree that neither Tourism Brokers nor the Vendor or their Solicitors have any liability to me/us or any of our advisers or representatives, arising from the selection or use of the information or material by me/us and any associates.