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Mission River QLD 4874

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, REDUCED LEASEHOLD $595,000 + SAV

2639ML - TOP END TROPICAL RESORT LEASEHOLD

    - A 30-room tropical oasis located in the town of Weipa. Situated right in the centre of town and offering 19 double and 11 twin shares.

    - Average Revenue exceeding $1m plus over the past three years.

    - Net operating profit of $255k over the past 3 years with normal trade achieving $420K.

    - Secure repeat government department corporate clientele, plus many private corporates including RIO, Boral and Coates to name a few.

    - Huge Coach Tour company trade with forward booking back with gusto: Heritage, Casey and Discovery Tours. Single level property a valuable tour industry revenue attraction.

    - Manageable and renowned Heritage Bar and Bistro of circa 50 seats servicing guests and local corporate tourist trade has recently implemented a sub-lease agreement.

    - Significant internal and external repair and maintenance program commissioned over the past 36 months, referenced in the additional data available.

    - Currently fully operated under a management structure with the possibility to continue or positioned perfectly for a husband and wife or family dynamic.

    30 room resort style Leasehold property and renowned restaurant showing 50% plus return on investment in the normal trading year of 2018/19. A unique secure tropical lifestyle opportunity with operational commercial upside.

    Perfect timing and opportunity in now to take advantage of the inevitable domestic tourism spike next year. All major capital expenditure has been invested inside and out. Getting in and reward yourself commercially purely from operating astutely.

    Net Profit: $252,452 (average over the past 3 years)

    Contact Antonio Curulli and James Carrick from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 2639ML (quote when enquiring)

    Property Code: 3639

    Antonio Curulli
    Tourism Brokers
    Antonio Curulli
    Tourism Brokers
    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers

    Property Highlights

    Property ID2016690268
    Floor Area1 m²
    Land Area5,300 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  30 Jul 2021
    Map for Mission River QLD 4874
    Map for Mission River QLD 4874Mission River QLD 4874
    Antonio Curulli
    Tourism Brokers
    Antonio Curulli
    Tourism Brokers
    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers

    Property Highlights

    Property ID2016690268
    Floor Area1 m²
    Land Area5,300 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  30 Jul 2021
    Tourism Brokers
    170 Scarborough St Southport QLD 4215
    Antonio Curulli
    Tourism Brokers
    Antonio Curulli
    Tourism Brokers
    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers
    Antonio Curulli

    Antonio Curulli

    Tourism Brokers

    James Carrick

    James Carrick

    Tourism Brokers

    0488 *** ***
    0488 030 853

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