HOME HILL QLD 4806
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- 11 Oct 2016
*FANTASTIC VALUE* Freehold Motel and Business in the Bountiful Burdekin - NORTH
The Burdekin Motor Inn is nestled in the heart of the sugar cane region of North Queensland, just 100km south of Townsville and 80km north of Abbott Point.
The freehold property consists of a 14 room motel, a newly refurbished reception area, in-ground pool, guest laundry and a 3 bedroom managers residence. The 250 people function room is the largest of its kind in the Burdekin, catering to many large family friendly weddings, conferences and functions.
The restaurant is fully air-conditioned and includes a bar, stage and dance floor, kids play room and Bain Marie style service. The business itself shows an occupancy rate of approximately 60%, and a manager is currently employed to caretake.
This motel freehold and business is priced to sell. Inspections are highly recommended as properties of this quality and price don't come onto the market very often.
INCLUDED: 2 neighbouring parcels of vacant land are also for sale and the vendors will negotiate a package for the right buyer.
Contact: Kirsten on 0488 900 619
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information