Turnkey Beachfront Motel - 12 Rooms - 28 Year Lease | Resort Brokers ID : LH008786
$700,000
Motel (Leasehold) hospitality, CARDWELL QLD
The Cardwell Beachfront Motel is a 12 room, recently refurbished Leasehold Business that offers operational simplicity for a two-person team. With a secure 28-year lease lease, and a prime main road location, the business benefits from high visibility and direct access. All major refurbishments are complete, requiring no further outlay. The motel enjoys consistent trading, panoramic ocean views, and a loyal repeat clientele, making it an ideal purchase for owner-operators seeking a reliable, turnkey coastal business.
- Easily managed by a two-person team
- Recently refurbished with no further capital outlay required
- Prime main road location with direct access
- Consistent trading performance
- Long lease with 28 years remaining under a modern agreement
- Outdoor deck with ocean views and reception conveniently located behind the residence
- Inspections are by appointment only
Date updated: 22 Jun 2025 23:00:03
More Information
- Total Purchase Price: $700,000
- Net Income: $ 195,717
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?