Skip to main content
191 Sheridan Street
Cairns North QLD 4870
SearchBack to results
Sold on 18 Nov 2022

191 Sheridan Street Cairns North QLD 4870

  • Hotel, Motel, Pub & Leisure
  • 1,018 m²
  • Sold

Tenanted Investment, 17 Room Cairns Motel with Restaurant & Bar, CBD Location.

Phone enquiries - please quote property ID 23637.

Please note, that this is for the sale of the building with two tenants in place (Motel & Restaurant).

This popular motel is located in the heart of Cairns City, in Tropical North Queensland and long-term provides a multitude of possibilities for its prospective buyer. The freehold for this Motel is currently for sale and this motel is perfect for an investor. Currently, there are two leases active the motel and the restaurant/bar, which currently produce over 7% pa return with room to grow.

The long term owners of this motel have invested on a regular basis to ensure that the facilities are in great condition with all rooms containing split system air conditioners. Recent upgrades to the property include a CCTV system and a lock-up garage.

Facility Includes:

Land Size: 1,018 m²

15x Motel Rooms
1 x Self Contained Unit
1 x Managers Unit
1 x Restaurant & Bar
1 x Lock up Garage / Workshop / Storage
1 x Cleaners Storage

Features:
- Swimming Pool
- Coin Laundry
- Tour Desk / Reception
- CCTV
- CBD Location

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

No Agent Property
No Agent Property
Level 2 UL40/1341 Dandenong Road
Chadstone, VIC 3148

Property Highlights

Date Sold18 Nov 2022
Floor Area1,018 m²
Land Area1,018 m²
Parking6 x Onsite parkings
Virtual TourView Tour
Property ID2015967077
Category
Last updated  20 Jan 2023
Map for 191 Sheridan Street Cairns North QLD 4870
No Agent Property
No Agent Property
Level 2 UL40/1341 Dandenong Road
Chadstone, VIC 3148

Property Highlights

Date Sold18 Nov 2022
Floor Area1,018 m²
Land Area1,018 m²
Parking6 x Onsite parkings
Virtual TourView Tour
Property ID2015967077
Category
Last updated  20 Jan 2023

Listed by

No Agent Property
Call
1300 850855

More about 191 Sheridan Street Cairns North QLD 4870

191 Sheridan Street Cairns North QLD 4870 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1,018 m² and a land area of 1,018 m². There are 6 x onsite parkings.The listing ID for this property is 2015967077.

More Hotel, Motel, Pub & Leisure properties for Sale in Cairns North QLD

Sold
183 esplanade,cairns north, QLD 4870
600 m²
Hotel, Motel, Pub & Leisure
Sold
193 sheridan street,cairns north, QLD 4870
2,033 m²
Hotel, Motel, Pub & Leisure
Sold$480,001
259 sheridan street,cairns north, QLD 4870
80 m²
Hotel, Motel, Pub & Leisure