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Address available on request Ayr, QLD 4807

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Address available on request Ayr, QLD 4807

Hotel & Leisure
Sold Price

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Floor area

800.0m²

Tenure type

Vacant Possession

Sold on

06 Jan 2011

Tropical City Motor Inn - Leasehold Opportunity in a Busy Nth Qld Centre.

This well maintained concrete block motel has 16 air-conditioned rooms, all of which have a queen and single bed, flat screen TV, shower and toilet. An ongoing maintenance program, healthy returns and a long lease provide security and opportunity for the buyer.

The large function room is licensed and capable of seating 100 people with a large commercial kitchen and separate bar adjoining. The kitchen has all stainless steel gas cook tops and ovens as well as a stainless steel island bench providing a large preparation area. The current lessees do not open the function rooms on a regular basis apart from pre-booked functions such as conferences, weddings etc. This is an area where a person with catering skills could substantially increase income or sub lease it.

On-site laundry facilities are available for both patrons and in house use although all the linen is currently provided and cleaned by local off site laundry facilities. Undercover car parking is available in front of each room with ample street parking for trucks and coaches in front of the motel. The driveway areas are sealed with bitumen and car parks with concrete.

The two storey owners accommodation is all air-conditioned and has 3 bedrooms, family room and bathroom downstairs adjoining the reception plus the main bedroom with ensuite and kitchen upstairs. The lessees also rent a large 4 bedroom home next door allowing more space and privacy for a larger family (optional).

The reception area is air-conditioned and has an office area and seating for patrons. The office is equipped with a manual booking system and computer, fax, photocopier and printer. Security cameras are installed covering the reception, bar and street entrance allowing convenient viewing in several different locations.

The 5 year lease commenced in August 2005 and has another 5 x 5year options to run after the end of the initial term. The room rates were last increased in June 2009 and are $90/single, $95/double and another $10/extra person. Financial statements are available and will be provided to genuine enquirers.

Ayr is in the Burdekin Regional Council area and is just 85km South of Townsville, 100km North of Bowen and 200km North of Airlie Beach and the Whitsunday Islands. The Burdekin is renowned for its abundant water allowing over 80,000ha of irrigated farming providing jobs and secure incomes to the 20,000 people living here. A large number of contractors work in the area in the various industries including the 4 sugar mills, construction and maintenance- all these require accommodation. As well as this there is a vast array of sports and recreations for a life style great for families. Townsville is just one hour away and is fast becoming an economic power house with a population of over 180,000 and a large industrial, government and defense based economy.

Contact: Jack Slaney: 0427 877 522
Raine & Horne Ayr
Office: 07 4783 7522
Email: ayr@rh.com.au

Property ID: 5708785Last Updated: 5 Dec 2013

0427 *** ***
Address available on request
Ayr, QLD 4807

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Slaney Property -

3, 156 Queen Street
AYR, QLD 4807
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Jack Slaney
Slaney Property -
Address available on request Ayr, QLD 4807

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I’m interested in this property. Could you please provide me with more information.

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