Two Motels In Cloncurry – Freehold Only Passive Investment - 1p4682m
Business Sold Cloncurry, Queensland 4824
Business Category Motel
SOLD
Description
Two Motels In Cloncurry – Freehold Only Passive Investment - 1p4682m
CRE Brokers are pleased to be appointed Exclusive Agents for this Investment opportunity in Cloncurry. Two Freehold Motels totalling 42 rooms with very high occupancy with a new 30 Year Lease.
The business is managed form one location and the two Motels are around the corner from each other.
This is an opportunity for a passive investment with a CPI annual rent review and great long-term prospects as the majority of the clientele are Government contractors and corporate guests working in surrounding industries and Government projects.
The business is managed form one location and the two Motels are around the corner from each other.
This is an opportunity for a passive investment with a CPI annual rent review and great long-term prospects as the majority of the clientele are Government contractors and corporate guests working in surrounding industries and Government projects.
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
