The leasehold of one of Townsville’s premiere motels with an excellent position at the crossroads of the Bruce and Flinders highways, entered from a service road this property is beautifully presented with a welcoming entry, reception and restaurant.

Key Features

  • 31 Units including disabled, family and self-contained
  • Large 3 bedroom owners residence with kitchen and lounge
  • Enticing restaurant seating 60 comfortably and cocktail bar
  • Bathrooms have all been retiled and refitted in recent years
  • Private function room seating 40 and not interfering with restaurant, however when opened up can cater for weddings
  • 3.5 Star rating
  • Linen hired and commercially laundered off the premises
  • New 30 year lease with a low rent of $147,000 +GST

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005146
Property Type: Motel
Region: QLD - Townsville Mackay
Suburb: Wulguru
Sale Type: Leasehold
Net Profit: $179,644
Price: $600,000 + SAV

Listing Agent(s)

Agent Feedback

Following the successful negotiation and purchase of our leasehold business we cannot praise the service Des provided to us during our purchase highly enough! He went out of his way to ensure that every process went as smoothly as possible and actively sort to problem solve the few issues that did arise during the purchase of our leasehold business. We found him to be honest in his negotiating skills, professional in attitude, diligent in providing us with regular updates and came to the fore when closing the deal. Des’ manner was always pleasant, his care and diligence as well as fantastic local knowledge left us very comfortable with our decision to buy. We would be more than happy to recommend Des to anyone who is looking to buy or sell in the accommodation industry. I certainly hope he is still doing this wonderful service when it is our turn to sell.

- Brad and Raylea Thomson
Buyer,
Charters Towers Tourist Park

We cannot praise the service Des provided to us during our recent purchase highly enough! He went out of his way to ensure that every process went as smoothly as possible and actively sort to problem solve the few issues that did arise during the purchase of our passive investment. Given that we were from inter-state, Des was pro-active in sourcing a variety of industry peers for Wade to have frank discussions with regarding the viability of the tourism trade in the area as well as local infrastructure and investment. His care and diligence as well as fantastic local knowledge left us very comfortable with our decision to buy. We would be more than happy to recommend Des and his team to any potential clients as their care, communication and attention to detail are absolutely A1.  Thanks again Des- your hard work was greatly appreciated!!!

- Wade and Kylie Woods
Purchaser,
Albury All Seasons

 I would like to thank you for helping me with the purchase of Inverell Caravan Park. As soon as we spoke I realised that you would help and find what I was looking for, I cannot recommend you highly enough with the trouble you went to for me. I will only contact you when my next adventure is ready and we will find another suitable property as you did this time. Again, thanks very much.    

- Peter Greer
Purchaser,
Inverell Caravan Park