Address available on request,
Cairns North, QLD 4870
Key property information
FREEHOLD INVESTMENT OF ICONIC CAIRNS MOTEL, 81 ROOMS WITH LONG LEASE IN PLACE FOR SALE.
This is a very rare offering of a high quality and high performing Motel property within the Cairns environs.
The property is situated on Sheridan Street, only a short walk to the CBD, and boasts outstanding street appeal.
There is a good mix of room types ranging from Budget through to 4 star premier and studio rooms.
There is a small restaurant onsite and the tenant has recently obtained a liquor license and opened a small poolside bar.
The outside of the whole Motel has just been completely repainted, and the Tenant has embarked on an internal repainting schedule as well.
With a very well performing Tenant in place, coupled with a secure long lease, this is truly an excellent opportunity for an investor.
Property ID: 503435150Last Updated: 12 Feb 2020