2324ML - LARGE PROFITABLE LEASEHOLD MOTEL, IN FNQ LARGEST CITY

REDUCED LEASEHOLD $599,000

1,900 m2

Far North Queensland is booming and this 30 unit Motel, well located on the major motel circuit in Queensland’s third largest city, is enjoying consistent domestic traffic all during COVID.

This Motel presents an opportunity for new owners to reap the benefits of all the hard work put in by the existing owners and enjoying a further 22 years of the current lease.

Netting in excess of $235,000 and priced to sell at $599,000 this Motel represents an excellent return for a Husband-and-Wife team to earn in excess of 38% return on investment.

The Motel enjoys relatively high occupancy and room rates and presents in excellent condition.

Strong and even growth for the last five years.
Many major works and property improvements have been undertaken by the leasee.
Enjoys a strong level of loyal and good repeat guests.
All ground floor units with ample parking.
Wide range of room styles to cater for both short term and long-term clientele.
Long Standing and Loyal staff to assist with transition.
Email Antonio for Property inspections which are by appointment only.

Net Profit: $234,829 for 2020/21

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

Property ID: 2324ML (quote when enquiring)

Price	REDUCED LEASEHOLD $599,000
Location	Rosslea
Property ID	2324ML
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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
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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.

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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.

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