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32 - 36 Herbert Street, Proserpine Motel Proserpine QLD 4800

  • Hotel, Motel, Pub & Leisure
  • 280 m²
  • Tender

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.

    SUMMARY

    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 brett.dwyer@raywhite.com for details.

    TENDER

    Closing date and timeAsk Agent
    Recipient nameAsk Agent
    Delivery addressAsk Agent
    Brett Dwyer
    Ray White Whitsunday
    Brett Dwyer
    Ray White Whitsunday

    Property Highlights

    Property ID2016548734
    Floor Area280 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  16 Jun 2021
    Map for 32 - 36 Herbert Street, Proserpine Motel Proserpine QLD 4800
    Map for 32 - 36 Herbert Street, Proserpine Motel Proserpine QLD 480032 - 36 Herbert Street, Proserpine Motel Proserpine QLD 4800
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Brett Dwyer
    Ray White Whitsunday
    Brett Dwyer
    Ray White Whitsunday

    Property Highlights

    Property ID2016548734
    Floor Area280 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  16 Jun 2021
    Ray White Whitsunday
    Shop 5, Building 2b Reef Plaza 14 Paluma Road Cannonvale QLD 4802
    Brett Dwyer
    Ray White Whitsunday
    Brett Dwyer
    Ray White Whitsunday

    Ask Brett Dwyer about this property

    Brett Dwyer

    Brett Dwyer

    Ray White Whitsunday

    0447 *** ***
    0447 583 759

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