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      Accommodation & Tourism business for sale in Mackay

      • Accommodation & Tourism
      • Mackay QLD 4740
      • $635,000

      A fantastic opportunity exists to live by the beach and earn an income at the same time!

      • Well established holiday business in beachside location
      • Located 50 metres from the beach and only 15 minutes drive from Mackay CBD
      • Easily managed, this complex has been run by the current owner for many years
      • The managers real estate consists of a 3 bedroom unit, 2 x studio apartments (in the letting pool), Linen store room, office and Cleaning / Laundry room.
      • Business comes with all Linen, cleaning equipment, washing machine, iron press etc.
      • Facilities include a new pool, spacious grounds, barbeque facilities and half tennis court
      • Priced to sell at only $635,000
      • Body Corporate will give the purchaser a new 10 year contract with a 10 year Option
      • Massive amounts of upside for a motivated operator
      • Multiplier is only 1.5 times and the ROI is 12.4%
      • Also available is the Spa Unit for only $160,000
      • This region is about to take off again as the mining industry recovers from the downturn
      • At the height of the boom Net Profit was $209K
      • Don’t miss this opportunity as they don’t come this way often!

      Business Highlights

      Business ID

      2013723463

      Last updated

      14 Jul 2017

      Category

      Accommodation & Tourism, Management Rights, Motel

      Map for Mackay QLD 4740

      1/15 Gordon Street Milton QLD 4064

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