Beachfront Leasehold Motel - Cardwell

Beachfront Leasehold Motel - Cardwell — Hospitality & Tourism · Cardwell · Asking $630,000 · Net Profit $223,703

Beachfront leasehold motel in Cardwell, North Queensland, on the Bruce Highway 12-room property, easily managed and suited to a couple or first-time operators Long lease with approximately 27 years remaining Outdoor deck with ocean views over Rockingham Bay and Hinchinbrook Island Swimming pool, BBQ area and ample off-street parking Dynamic pricing model in place for rooms Consistent trading…

DealProspect/Listings/Hospitality & Tourism

Beachfront Leasehold Motel - Cardwell

Motel

ActiveHospitality & TourismQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$630,000

Disclosed · AUD

Revenue

—

Net Profit

$223,703

Implied multiple

2.8×

asking / earnings

Brief

Beachfront leasehold motel in Cardwell, North Queensland, on the Bruce Highway
12-room property, easily managed and suited to a couple or first-time operators
Long lease with approximately 27 years remaining
Outdoor deck with ocean views over Rockingham Bay and Hinchinbrook Island
Swimming pool, BBQ area and ample off-street parking
Dynamic pricing model in place for rooms
Consistent trading performance with growth in recent years
owners want to retire

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