18% RETURN ON INVESTMENT 10 TWO BEDROOM FREEHOLD IN FAR NORTH QUEENSLAND - ID 2715MF

FREEHOLD $1,750,000

2,181 m2

A unique opportunity to purchase a Freehold Motel which is currently run under management, situated in the Cape York Peninsula, Qld. The motel has 10 guest apartments for long and short-term stays and a comfortable caretaker’s residence.

With annual revenues in excess of $420,000, this motel property is uniquely located in a high corporate and tourist area. With weekly cleans and no food preparation, this is a low work effort property, suitable for a husband-and-wife team

KEY PROPERTY DETAILS
•    One title - total land 2,181 m2
•    Two buildings: building one 216 m2 and building two 324 m2 – a total of 540 m2
•    10 two-bedroom Guest Apartments (double storey) are spacious with full kitchens, separate dining areas and bathrooms with showers
•    18 car parks - 14 undercover and 4 open
•    Reception area
•    Manager’s residence consists of two bedrooms, with independent kitchen and bathroom
•    Lovely freshwater underground swimming pool
•    Barbeque area and gardens

PERFECTLY LOCATED
•    Walking distance from the shopping centre, hospital, post office, chemist and bank
•    Carpentaria Golf Club and Weipa Bowls Club– within 5 minutes
•    Lake Patricia – within 5 minutes
•    Gonbung Beach – within 3 minutes
•    Gulf Of Carpentaria beaches – within 5 minutes

Beautiful attractions in the area include national parks, waterfalls, bird watching, river activities, Croc Spotting, Eco tours, Fishing charters, and glorious sunsets over Albatross Bay.

Nanum/Weipa is part of a sustainable coastal community of around 4,000 people. Close by is the settlement of Napranum of around 2,000 residents. The area is rich in both natural beauty and cultural heritage with stunning beaches, unspoiled wilderness, and unrivalled fishing.

Vendor Finance up to $875,000 over 8 years to approved Buyers at 4%
Net Profit: $315,000 for 2021/22

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

Property ID: 2715MF (quote when enquiring)

Price	FREEHOLD $1,750,000
Location	Nanum
Property ID	2715MF
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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.

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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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