Cooktown Motel- Prime Investment Opportunity

Profitable Motel. Selling Below Valuation. Instant Income. Owners Retiring. Bargain Price.
11 Motel rooms & self-contained units.
18 hostel rooms with common facilities and a large fully equipped communal kitchen
Beautiful salt water swimming pool set in lush tropical gardens with a barbeque area.
Self-contained 2Br managers residence.
36 Solar Panels to minimise power bills
Great location at the entrance to Cooktown. 500 Meters to Town centre pubs, shops and restaurants.
Cooktown Motel is a successful business with Motel and Hostel income streams awaiting a new owner to realise its full potential. Independent valuations much higher than the sale price and full business accounts confirm the excellent value of this Motel. The current owner had plans, to add on ensuite's to the hostel units. there are plans to utilise the adjoining vacant lots with ocean views apartments. The vacant lots are for also separately for sale.
For SALE by SAIL-0459925387