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ROCKHAMPTON LOCATION -URGENT SALE REQUIRED & ALL OFFERS CONSIDERED

The leasehold interest of an apartment motel consisting of 22 motel units and 15 apartments of various configurations. Motel features include beautiful pool & covered bar/BBQ facility, undercover car parking, central location surrounded by restaurants and takeaway eateries, some with charge back facilities.
THE SINGAPORE ARMED SERVICES have just signed a 5 year contract with the Cosmopolitan for accomodation twice a year. This will be a wonderful anchor to the business over this contract period.
Occupancy - 61%
Turnover - $870,850
Annual Rental - $264,189
Nett Profit - $241,947

  • Property ID: 3203
  • Occupancy: VACANT
  • Whole or Part Building: WHOLE
  • Available: NOW
  • Term of Lease: 25 Years
  • Property type: HOTEL / LEISURE
  • Listing type: SOLD
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