FREEHOLD MOTEL- CENTRAL QLD MINING DISTRICT

Property Type: Motel
Sale Type: Freehold
Price: $16,000,000
Region: QLD - Central
Agency Type: Exclusive

Outstanding opportunity to purchase a brand new, quality freehold motel to be constructed in one of Queensland's major resource areas

A 3 year Heads of Agreement + 2 x 1 year options has been signed with a mining company securing 35 units.  Income from accommodation and cleaning charges alone equate to $1,950,000 for the first 12 month period. 

• 63 units
• Standard of a 4 star motel
• 85 seat licensed restaurant
• Conference room
• 2 bedroom managers residence
• Inground Pool
• 55% occupancy guaranteed from day 1
• Leasehold also available
• Confidentiality Conditions Apply

Projected Nett

$2,629,177

Projected Turnover

$4,398,653