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Motel business for sale in Karumba

  • Motel
  • 62 Yappar St Karumba QLD 4891
  • Contact Agent

Commercial Freehold Motel - $$ GREAT CASH FLOW $$

12 Luxury Villa's where the Savannah meets the Golden Sea

An accommodation freehold opportunity has become available in a busy coastal fishing/tourist/mining town in the gulf.

World Class Barramundi fishing, heaven fashioned for the fisherman in the mouth of the Norman River.

Current owner is interstate and loves this property & has invested wisely in constant improvements making it truly the 'gem in the crown' of Karumba accommodation. Planning to move on to other ventures, the hard work is done and ready for the new owners to maximise their returns.

This is a lifestyle or investment opportunity with so many options which include:

• Owner occupier runs the motel, focusing on more short term rentals
• Focus on longer term rentals to local and/or fisherman working from Karumba.
• An onsite manager in place, share the profits.
Or any variation of the above, the business is ready to go.

The fully air-conditioned accommodation consists of 12 newly renovated and self-contained furnished units of varying sizes and configuration.

Features of the property include:

• A sparkling pool to chill out in.
• Throw a line in the Norman River and land a monster Barramundi.
• BBQ area with the most amazing views across the River.
• Fish cleaning facilities, with excellent boat trailer parking.
• Industrial size back-up generator so guests are never without power.
• Across the street from the supermarket, hotel, boat ramp and other town facilities.

Financial Statements available on request.

Business Highlights

Business ID2016674440
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  2 Dec 2020
Map for 62 Yappar St Karumba QLD 4891
Map for 62 Yappar St Karumba QLD 489162 Yappar St Karumba QLD 4891

Business Highlights

Business ID2016674440
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  2 Dec 2020
Professionals Burleigh Heads
5/109 West Burleigh Road Burleigh Waters QLD 4220
Dennis Musca
Professionals Burleigh Heads
Dennis Musca
Professionals Burleigh Heads
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