21 year Leasehold with Great Passing Traffic and Multiple Income Streams - 2636ML

REDUCED LEASEHOLD $900,000

Beautifully presented 40 room resort style leasehold motel, across from the beach at Cardwell, home of Hinchinbrook Island.

The property is conveniently located on the main road (Bruce Hwy) travelling north or south through Cardwell, only meters from the beach. The gorgeous beachside town of Cardwell is situated 1.5 hours north of Townsville and 2 hours south of Cairns.

Recently upgraded rooms, full tavern license with bar and restaurant, and fully stocked drive through bottle shop, this motel is ready for the next phase of its growth.

Ideally suited to a husband and wife team, with immediate potential to either work the restaurant or lease it out for immediate income.

Currently netting $235,038 it is well priced at $900,000 with a ROI of 27%.

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2636ML (quote when enquiring)

Price	REDUCED LEASEHOLD $900,000
Location	Cardwell
Property ID	2636ML
Category	Motel

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