32 - 36 Herbert Street, Proserpine Motel Proserpine QLD 4800
- Hotel, Motel, Pub & Leisure
- 280 m²
UNDER CONTRACT - PROSERSPINE MOTEL
The Proserpine Motel is being sold by Expression of Interest.
Vendor says bring all offers !
The property is situated at 32-38 Herbert Street Proserpine with a total land area of 1957m2 across two allotments.
The Motel, Residence, and Reception / Office is one building.
There are twelve (12) motel rooms in total. Each room is 23 m2 and contains a bedroom and ensuite bathroom, ceiling fan, wall-mounted air-conditioning unit, TV, and small bar-style fridges.
The motel and residence have not yet been completely repaired following cyclone Debbie so presently there are five (5) motel rooms operating, whilst the onsite manager resides in a 6th motel room.
The remaining 6 motel rooms and managers' residences are not habitable and need repair before they can be occupied.
Occupancy of the repaired Motel rooms remains good with weekly income averaging $ 3,000 per week.
We are seeking new investors to purchase the Motel and Guesthouse with a view to completing the repairs and bringing the property to its full potential.
The vendor is seeking offers by expression of interest and is realistic in his expectations.
Full Property Information Memorandum is available upon request.
Contact Brett Dwyer 0447 583 759 or email email@example.com for details.
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