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Sold Hotel/Leisure found in WEST (METROPOLITAN), QLD

9% RETURN FULLY MANGED MOTEL - BRUCE HIGHWAY, EDMONTON FNQ

Hotel/Leisure | Retail

Freehold motel / development site on the Bruce Highway at Edmonton, 12.5 kilometres south of Cairns CBD. Land area is 5,210 m2. Constructed on the site are four buildings consisting of a managers residence / office and 20 units which are a mixture of bedsits and one bedroom apartments.
Other improvements include an undercover, open air recreation area and inground swimming pool. The site is underdeveloped and requires a major upgrade. The zoning is currently Tourist Accommodation with a potential to rezone to uses such as multi units, retail or an outdoor sales display yard.
The site currently has a sound income and is fully under management with absentee owners. Available for sale as a going concern or potential redevelopment site.
Contact: Exclusive agent Scott Green - Ray White Commercial Cairns for more information.

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Sale Price: Contact Agent    Building: 1000m²    Occupancy: Vacant

EVERYONE'S LOOKING FOR A BARGAIN!

Hotel/Leisure

First National is proud to present to the market, this outstanding property, overlooking, arguably one of the best beaches in far North Queensland.
On offer to a very lucky new buyer, is this complete lifestyle change and opportunity to purchase the only Motel in the Bramston Beach area. Bramston Seaside Haven A very rare chance to purchase at almost land value only.
Set on a huge 1896m2 block of land with uninterrupted views and directly opposite the picturesque beach. The motel consists of 10 units plus an additional managers full unit, a swimming pool, covered BBQ area, reception area/front office, restaurant and commercial kitchen, bar and liquor licence, which alone is extremely valuable. The motel has great exposure to everyone visiting the beach and is currently opened to the public for breakfast lunch and dinner.
The motel is currently 3 star AAA Tourism rated and has seen some beautiful refurbishments over the past years reinvesting in the building and the rooms to bring the motel up to very comfortable and enjoyable place to visit.
Bramston beach is located approximately 1 hour south of Cairns. This is ideal haven and get away for fishing, swimming and just relaxing, a real nature lovers paradise. You are on the door step to some of the areas most beautiful attractions, including the many rainforest walks, the amazing Babinda Boulders, Josephine Falls, and a short drive to the gateway to some of Queenslands best islands and the Great Barrier Reef.
With room to expand for the visionary, the prime location the motel offers, this is certainly a golden opportunity for a couple looking for a complete lifestyle change. Dont delay, you have been waiting for an opportunity just like this to fall into your lap, well here it is.
For full details dont hesitate to give Grant Stone a call 24/7 on 0407147084 .

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Sale Price: $750,000    Building: 2000m²    Land: 1896m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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