2580ML - HUGE RELIABLE MONEY AREA AND QUALITY HOME AND MOTEL OFFERING

SOLD

Exceptionally reliable money maker.
Huge return and regular business.
Spacious 3 bedroom residence.
Fantastic opportunity to make good money and have a life.
Over 40% return on investment.
Strong mix of government and corporate clients.
Located close to tourist sites.
Regular and reliable return clientele.
Extensive replacements have been purchased and additional upgrades completed: $65,000 Solar; All beds and televisions replaced; $30,000 on new Kitchen; Barbeque installed; All rooms have table's out the front for guests to use.
Easily managed by a couple.
Popular location that does not need a website or have one but would benefit considerably allowing you to add instant value.
25 modern units in the facility on profile corner block.
Diversified business with a number of income streams.
Built in 2001, the property is modern and well presented.
Exceptional professional Landlord with a long lease and more years can be purchased as part of the negotiations.
Fantastic starter or a property for a family seeking a long term reliable cashflow business.
Modern brick construction with iron roof.
Close to all amenities in addition to the tourism sites the area has to offer, guests can easily use the property as a base and have a long-term stay.
When you're feeling hungry, you can check out Mud Hut Hotel (0.1 km), Treats For Your Table (0.5 km), or Moonrock Cafe (0.1 km), which are all within walking distance. If you’re looking for something to do, Cambridge Downs Heritage Display Centre (0.1 km) is a nice way to spend some time, and it is within walking distance of the Inn.

Net Profit $396,124 FOR 2020/21 (as provided by vendor) - 72% RETURN!!

$343,190 expected under normal circumstances - 62% RETURN

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2580ML (quote when enquiring)

Location: Richmond is a small outback town, located halfway between Townsville and Mount Isa, which is essentially a service centre for the surrounding sheep and beef pastoral community. Characterised by a wide main street (Goldring Street) it is enhanced by its median strip gardens of bougainvilleas, native trees and shrubs. When you're feeling hungry, you can check out Mud Hut Hotel (0.1 km), Treats For Your Table (0.5 km), or Moonrock Cafe (0.1 km), which are all within walking distance of the motel.

Price	SOLD
Location	Richmond
Property ID	2580ML
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)
Fax: 1300 571 479 (International +61 2 9872 1464)

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.

c) To undertake to return all information and material (including any additional copies) toTourism Brokers.

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.