Freehold Investment with Opportunity
Freehold Investment with Opportunity
Freehold Investment with Opportunity
Freehold Investment with Opportunity
Freehold Investment with Opportunity
Freehold Investment with Opportunity
Freehold Investment with Opportunity
Freehold Investment with Opportunity
Freehold Investment with Opportunity
Freehold Investment with Opportunity

Freehold Investment with Opportunity

$1,700,000

This incredible piece of paradise is located to the southern end of Hinchinbrook Island. The freehold passive investment offering of the Hinchinbrook Marine Cove Motel comprises of 20 motel rooms and 11 self-contained cabins. The property also features a front office reception area, commercial laundry, large chandlery shed, three bedroom managers apartments, conference center, BBQ facilities, in-ground infinity swimming pool and private boat ramp with fishing pontoons.

Key Features

  • Perfect waterfront location.
  • Long lease in place - 25 years.
  • Strong 9% ROI.
  • Located on the coast in an aquatic playground.
  • Mixed letting with motel units and cabins.

NB: Property inspections are by appointment only

Key Details

Listing Ref: INV004394
Property Type: Motel
Region: QLD - Cairns
Suburb: Lucinda
Sale Type: Freehold Passive Investment
Net Profit: $152,958
Price: $1,700,000

Location

Listing Agent(s)

Agent Feedback

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

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

I, Glenn Clark, Managing Director of Walpuli Pty Ltd wish to acknowledge that Mr Len Booth of Resort Brokers, has acted on our behalf in the sale of 12 motels. Every time he has acted in a very professional manner. Walpuli Pty Ltd would always recommend Mr Len Booth to anyone thinking of buying or selling motels.

- Glenn K Clark
Managing Director,
Walpuri Pty Ltd