This is a fantastic opportunity to secure a solidly performing freehold motel in the historic town of Cooktown.
The River of Gold Motel is a highly desirable location for the corporate market and benefits from tourism and coach tours.
The motel sits on 3,044m2 of land with the opportunity to purchase the adjoining 1,012m2 block of land for further extension of the motel which may be developed for that purpose subject to council approval units/cabins.
Current owner/operators have invested significantly in recent times in a capital sense, ensuring there are no major works required of the incoming purchaser. Providing a great return on investment and various growth options this is an extremely appealing proposition for a highly motivated purchaser.