LEASEHOLD HOTEL WITH FREEHOLD BENEFITS

Property Type: Hotel
Sale Type: Leasehold
Price: $850,000 SAV
Region: QLD - North

This leasehold proposition is situated in the picturesque Far North Queensland with spectacular views of the bay. Frequented by both locals and tourists, sporting local entertainment and various events creates the Hotels dynamic atmosphere all year round. 

This offering is similar to a freehold lease, with 29 yrs left on the lease giving the potential buyer room to move.  

Tender loving care has restored the hotel to its former glory where guests can sit on the balcony and enjoy the beautiful sunsets that the Far North has to offer.

The hotel offers budget accommodation, the rooms have all been recently renovated and have access to the large balcony, which offers spectacular views of the bay

• Owners accommodation 3 bedroom unit
• Busiest bottle shop in town offering the branding of Australia biggest independent banner group
• Opportunity with the government funding a multi million dollar marina at your front door
• Leading entertainment venue in town, hosting a large beer garden and outdoor DOSA
• Over 30% Return on investment