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Mareeba QLD 4880
Sold on 28 Jul 2023

Mareeba QLD 4880

  • Hotel, Motel, Pub & Leisure
  • Sold

Large net profit & healthy returns. Long-term leasehold in Atherton tablelands. | Resort Brokers ID : LH007642

    The Mareeba Motor Inn really is the property that offers the complete package. A mix of 15 motel rooms and eight cabins set on over two acres, the business provides a healthy Net profit of $417k and offers a 52% ROI. The offering comes with a very large 3-bedroom residence which also contains a privately fenced yard perfect for the kids and pets. The business is a very popular destination for workers from both the private sector and government departments. The small restaurant on site (currently closed) also provides the opportunity for those wishing to grow this side of the business, if desired. Do not delay expressing your interest in this magnificent business opportunity.

    - 27 years lease remaining
    - Net profit $417k returning 52% ROI
    - Large 3 bedroom manager's residence
    - Strong repeat corporate trade
    - Long term and loyal staff in place
    - Resort-style pool, games room and outdoor seating area
    - Small in house restaurant (currently closed)
    - 7 of 23 rooms completely refurbished
    - Set on over 2 acres of easily maintained lawns and gardens
    - Inspections are by appointment only

    Property Highlights

    Date Sold28 Jul 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018429588
    Category
    Last updated  18 Jun 2023
    Map for Mareeba QLD 4880

    Property Highlights

    Date Sold28 Jul 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018429588
    Category
    Last updated  18 Jun 2023

    Listed by

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