Address available on request,
Cardwell, QLD 4849
Hotel, Motel & Leisure
Price information
Sale
REDUCED LEASEHOLD $900,000
Key property information
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21 year Leasehold with Great Passing Traffic and Multiple Income Streams - 2636ML
Beautifully presented 40 room resort style leasehold motel, across from the beach at Cardwell, home of Hinchinbrook Island.
The property is conveniently located on the main road (Bruce Hwy) travelling north or south through Cardwell, only meters from the beach. The gorgeous beachside town of Cardwell is situated 1.5 hours north of Townsville and 2 hours south of Cairns.
Recently upgraded rooms, full tavern license with bar and restaurant, and fully stocked drive through bottle shop, this motel is ready for the next phase of its growth.
Ideally suited to a husband and wife team, with immediate potential to either work the restaurant or lease it out for immediate income.
Currently netting $235,038 it is well priced at $900,000 with a ROI of 27%.
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2636ML (quote when enquiring)
Property Code: 3608
The property is conveniently located on the main road (Bruce Hwy) travelling north or south through Cardwell, only meters from the beach. The gorgeous beachside town of Cardwell is situated 1.5 hours north of Townsville and 2 hours south of Cairns.
Recently upgraded rooms, full tavern license with bar and restaurant, and fully stocked drive through bottle shop, this motel is ready for the next phase of its growth.
Ideally suited to a husband and wife team, with immediate potential to either work the restaurant or lease it out for immediate income.
Currently netting $235,038 it is well priced at $900,000 with a ROI of 27%.
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2636ML (quote when enquiring)
Property Code: 3608
Additional information
External websites
Property ID: 503708502Last Updated: 12 Sep 2024
04880308...
Address available on request
Cardwell, QLD 4849
Tourism Brokers - NSW, QLD, VIC & TASCentralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
BEECROFT, NSW 2119
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