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Atherton QLD 4883
Sold on 11 Jul 2023

Atherton QLD 4883

  • Hotel, Motel, Pub & Leisure
  • Sold

High return on investment 17-room motel leasehold with 30 years | Resort Brokers ID : LH007506

    ResortBrokers is delighted to bring to the market this extremely attractive Leasehold opportunity with one of the only two motels in Atherton, North Queensland.

    Showing strong profits, high occupancy rates and ideally located directly adjacent to the newly refurbished and extended Atherton hospital, this motel caters to the corporate market and tourists alike. The property is also located close to Atherton CBD. A short walking distance to Atherton Main Street, shopping centres, cafes and restaurants.

    This property ticks all the boxes and will not last long on the market so contact today with your enquires.

    - Long tenure with a new 30-year lease
    - Solid 48 per cent return on investment
    - One of only two motels in town
    - Upside with the provision of meals
    - Opposite newly refurbished/extended hospital
    - Strong repeat clientele and consistent business
    - Rent at only 33 per cent of total Net profit
    - Extremely strong occupancy rates
    - Tablelands' new hub for renewable energy facilities
    - Property inspections are by appointment only

    Property Highlights

    Date Sold11 Jul 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018233735
    Category
    Last updated  18 Apr 2023
    Map for Atherton QLD 4883

    Property Highlights

    Date Sold11 Jul 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018233735
    Category
    Last updated  18 Apr 2023

    Listed by

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