Just Listed

Money Maker Beachfront Leasehold, Walk to CBD And Lifestyle Business Opportunity - 2688ML

LEASEHOLD $700,000

Superbly presented and fully refurbished beachfront Leasehold motel is located in Cardwell, a coastal town in the Cassowary Coast Region, North Queensland.

It’s an easily managed 12 room property perfect for beginners and can be operated by a couple.

  • Potential to convert an area into an owner’s residence, freeing up the current residence with beach views for an additional income in the vicinity of $50,000 per annum.
  • Consistent performer showing growth over the last few years.
  • Prominent, highly visible Bruce Highway location with easy direct access.
  • Refurbished with no money to spend.
  • Enjoy the climate and relaxed beach lifestyle of FNQ.
  • Easily operated by a couple.
  • A mix of rooms to cater for both corporate and leisure guests.
  • Easy walking distance to supermarkets, eateries and sightseeing.
  • Inclusions include varying room sizes, air-conditioning, ample off-street parking, a swimming pool, a barbecue area and stunning views over Rockingham Bay and Hinchinbrook Island.

 

Net Profit: $195,717 for 2024-25 May (11 months – as provided by vendor)

 

Contact Michael Philpott or Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2688ML (quote when enquiring)

 

Price LEASEHOLD $700,000
Location Cardwell
Property ID 2688ML
Category Motel

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