Ingham, QLD 4850

Region: QLD - Townsville/Mac

Sale Type: Motels - Leasehold

Sold

UNDER CONTRACT

Profit: $213,500

NEW 30 YEAR LEASE ON 19 ROOM MOTEL SHOWING 45% RETURN IN NORTH QUEENSLAND

We are very pleased to offer for sale, the leasehold interest of the Motel Ingham in North Queensland.

On offer is a very well presented Motel with a new 30 year lease at settlement.

The property comprises 19 ground floor rooms, and presents as a high quality Motel.

Enjoying a high level of repeat guests, occupancy continues to grow in this property. A beautifully presented Motel, a great lifestyle awaits new owners.

There are beautifully landscaped gardens and a BBQ area available and undercover parking for all guests.

With consistent and growing occupancy and revenue, this Motel will suit all buyers wanting to enter the very solid market in North Queensland.

This property would be ideal for newcomers to the market, or ex[erienced operators looking to wind down in a very profitable business.

Details

  • Listing ID: R2-3613255
  • Property Type: Motels
  • Sale Type: Leasehold
  • Region: QLD - Townsville/Mac
  • Suburb: Ingham, QLD 4850

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