Skip to main content

Accommodation & Tourism business for sale in Townsville City

  • Accommodation & Tourism
  • Townsville City QLD 4810
  • SOLD - Price Withheld

Lifestyle Opportunity – Profitable Leasehold Motel Near The Water

Occupancy over 80%. Net Profit 2017/18: $232,628.

The Historic Yongala Lodge is a beautifully restored Motel on the edge of The Strand Beach in Townsville, North Queensland.

The freehold owners are passionate about the property which they have held for many years. They have completed major renovations at a cost of over $400,000 and we now present the leasehold interest of this magnificent property to the market.

The property comprises 3 buildings built to take in the glorious views and weather.

The grand Queenslander was once a famous Homestead, and is now the reception and bar area, a beautiful restaurant (currently closed), and commercial kitchen. On the upper level there are 2 function rooms and the Manager’s residence of 3 bedrooms.

The accommodation is in 2 modern brick buildings surrounding the pool and car park.

There is a great opportunity to enter this very lucrative market and capitalise on the work the current owners have done.

Business Highlights

Business ID2014724741
Floor AreaAsk Business Broker
Category
Last updated  9 Dec 2018
Map for Townsville City QLD 4810
Map for Townsville City QLD 4810Townsville City QLD 4810

Business Highlights

Business ID2014724741
Floor AreaAsk Business Broker
Category
Last updated  9 Dec 2018

Listed by

Chris Rowe
Accommodation Business Brokers
Call
0408 225220

More Accommodation & Tourism businesses for Sale in Townsville City

Management Rights $Negotiable
Townsville City QLD 4810
Accommodation & Tourism
UNDER CONTRACT
Townsville City QLD 4810
Accommodation & Tourism
Price Reduced
Townsville City QLD 4810
Accommodation & Tourism
CallEmail