High return on investment 17-room motel leasehold with 30 years

ResortBrokers is delighted to bring to the market this extremely attractive Leasehold opportunity with one of the only two motels in Atherton, North Queensland.

Showing strong profits, high occupancy rates and ideally located directly adjacent to the newly refurbished and extended Atherton hospital, this motel caters to the corporate market and tourists alike. The property is also located close to Atherton CBD. A short walking distance to Atherton Main Street, shopping centres, cafes and restaurants.

This property ticks all the boxes and will not last long on the market so contact today with your enquires.

  • Long tenure with a new 30-year lease
  • Solid 48 per cent return on investment
  • One of only two motels in town
  • Upside with the provision of meals
  • Opposite newly refurbished/extended hospital
  • Strong repeat clientele and consistent business
  • Rent at only 33 per cent of total Net profit
  • Extremely strong occupancy rates
  • Tablelands’ new hub for renewable energy facilities
  • Property inspections are by appointment only
Listing Ref LH007506
Property Type Motel
Sale Type Leasehold
State QLD
Region Cairns
Suburb Atherton
Net Profit $301,523
Price $630,000
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Phone Enquire Now