Freehold Investment Hotel With Strong Tenant
Freehold Investment Hotel With Strong Tenant
Freehold Investment Hotel With Strong Tenant
Freehold Investment Hotel With Strong Tenant
Freehold Investment Hotel With Strong Tenant
Freehold Investment Hotel With Strong Tenant
Freehold Investment Hotel With Strong Tenant
Freehold Investment Hotel With Strong Tenant

Freehold Investment Hotel With Strong Tenant

$1,800,000

The Passive investment of a QLD style hotel established in 1928. Operating with public bar, front and rear beer gardens, drive through bottle shop, TAB, Keno, 12 gaming machines and a three bedroom Managers residence & various other rooms located on the 2nd floor of the hotel. Operating for the last 2+ years under a lease, the current management team is strong and has shown significant growth in the operations of the hotel. The hotel lease was sold on a 70% ROI to give a new operator the foundations of a successful operation. Since then the operation has exceeded all expectations paving the way for this solid operation!

Key Features

  • Solid performance year on year
  • Under strong operating leasee
  • Long lease
  • 12 EGM licenses
  • Consistent trader
  • Appeals to the locals
  • Opening hours consistent

  

NB: Property inspections are by appointment only

Key Details

Listing Ref: INV004620
Property Type: Hotel
Region: QLD - Cairns
Suburb: Mossman
Sale Type: Freehold Passive Investment
Price: $1,800,000

Location

Listing Agent(s)

Agent Feedback

We would like to say a huge thanks to Shane Mullins for his professionalism and effort to finalise the deal for our leasehold purchase. It was a pretty special set of circumstance for our purchase, and we wouldn’t have got past the first base, let alone completed without your involvement. We very much look forward to building the business into a very healthy going concern for you to take back to the market in the next 12-24 months!

- Max Nulley
Purchasers,
Lyndoch Motor Inn

The sale of this property was a particularly lengthy affair, during this time Shane always remained positive & focused towards the end result. His encouragement ensured we also remained positive throughout the entire process. If we intend to buy or sell again we would not hesitate to engage Shane to act on our behalf.

- Brenda Krop COOKTOWN HOTEL

Shane Mullins made us completely proud with his efficiency and diligence in the sale of our property City Park Gardens. His process working towards the list price was always the primary focus and he achieved great results. We look forward to buying our next property through Resort Brokers! Shane Mullins made us completely proud with his efficiency and diligence in the sale of our property City Park Gardens. His process working towards the list price was always the primary focus and he achieved great results. We look forward to buying our next property through Resort Brokers!

- Shane & Sandra Croghan
Previous Owners,
City Park Gardens