Buy a Freehold & Business Motel with Managers Residence and Redevelopment Site business for sale in Cairns on BusinessesForSale.com

  • Listing ID: 898613
  • (Seller ref: 234)

Freehold & Business Motel with Managers Residence and Redevelopment Site For Sale


Location:
Category:
Type:

Listed by:


Asking price:
$1,650,000 (Furniture / Fixtures included)
Sales revenue:
< $500k
Cash flow:
< $500k
Years established:
33
Employees:
2
Home based:
This business can be run from home.


INTRODUCTION

The Coolabah Motel Cairns offers a fourteen (14) room Motel and large three (3) bedroom double storey managers residence and office. The Motel is conveniently situated 5km from the Cairns Esplanade and Central Business District. Established 33 years this business has been family owned and operated by the current owner for 16 years and the previous owner for 8 years. The motel is frequented by business representatives and guests from surrounding districts and tablelands. The motel also makes a convenient base for many self drive holiday makers. The property has been managed by on-site managers for the last 10 years and the current managers for 6 years.

All rooms have off street parking and the motel has a swimming pool and laundry facilities. The motel is located within minutes to most facilities and amenities ; restaurants, doctors, dentists, retail outlets, Cairns Golf Club, Cairns Bowls Club, Cairns Jockey Club, Westcourt Direct Factory Outlet and Earlville shopping centre.

Office hours are 7am to 8pm daily. The office has fax and email facilities and cold drinks are available. Continental breakfasts are available.

The main office can organise all guests tour bookings at the office and most major tour operators will collect and return the guests to the motel. A commission arrangement is in place with the tour operators. Typical destinations are the Great Barrier Reef, Skyrail, Kuranda Train, Green Island, the Atherton Tablelands, Daintree & Cape Tribulation.


SITE CONFIGURATION

562-564 Mulgrave Rd
Woree Cairns QLD 4870
Site : 2021m²
The Coolabah Motel has 9 large motel rooms plus 3 self contained room and 2 self contained apartments with a separate bedroom. All rooms have off street parking. The Managers residence is a double storey three bedroom building with office, laundry and additional downstairs living room


ROOM CONFIGURATION

Motel Rooms sleep 1 to 4 persons. All rooms have airconditioning, ceiling fan, double bed, single bed, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, table and chairs, shower and toilet. Rooms that sleep 4 persons have a double and two single beds , table and chairs.

Self Contained Rooms sleep 1 to 3 people and have one double bed and one single bed. Rooms have airconditioning, ceiling fan, double bed, single bed, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, microwave, cooktop, toaster, frypan, cookware and kitchen utensils, table and chairs, shower and toilet.

Self Contained Apartments sleep 1 to 4 people and have one double bed and two single beds in a separate bedroom. Rooms have airconditioning, ceiling fan, double bed, two single beds, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, microwave, cooktop, toaster, frypan, cookware and kitchen utensils, table and chairs, shower and toilet.


THE OPPORTUNITY

A lifestyle property for an owner operator, with good potential re redevelopment with a large highway frontage. Close to the City, shops (and schools for those with families), this is a business opportunity to grow the existing business, extend the existing infrastructure or redevelop the commercial site.

Price : $1.65m + S.A.V (Sold as a Going Concern)

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Real Estate:
Real Property Included
Living accommodation:
Motel Rooms sleep 1 to 4 persons. All rooms have airconditioning, ceiling fan, double bed, single bed, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, table and chairs, shower and toilet. Rooms that sleep 4 persons have a double and two single beds , table and chairs. Self Contained Rooms sleep 1 to 3 people and have one double bed and one single bed. Rooms have airconditioning, ceiling fan, double bed, single bed, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, microwave, cooktop, toaster, frypan, cookware and kitchen utensils, table and chairs, shower and toilet. Self Contained Apartments sleep 1 to 4 people and have one double bed and two single beds in a separate bedroom. Rooms have airconditioning, ceiling fan, double bed, two single beds, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, microwave, cooktop, toaster, frypan, cookware and kitchen utensils, table and chairs, shower and toilet.
Location:
The Coolabah Motel Cairns offers a fourteen (14) room Motel and large three (3) bedroom double storey managers residence and office. The Motel is conveniently situated 5km from the Cairns Esplanade and Central Business District. Established 33 years this business has been family owned and operated by the current owner for 16 years and the previous owner for 8 years. The motel is frequented by business representatives and guests from surrounding districts and tablelands. The motel also makes a convenient base for many self drive holiday makers. The property has been managed by on-site managers for the last 10 years and the current managers for 6 years.

All rooms have off street parking and the motel has a swimming pool and laundry facilities. The motel is located within minutes to most facilities and amenities ; restaurants, doctors, dentists, retail outlets, Cairns Golf Club, Cairns Bowls Club, Cairns Jockey Club, Westcourt Direct Factory Outlet and Earlville shopping centre.

A lifestyle property for an owner operator, with good potential re redevelopment with a large highway frontage. Close to the City, shops (and schools for those with families), this is a business opportunity to grow the existing business, extend the existing infrastructure or redevelop the commercial site.
Premises details:
562-564 Mulgrave Rd
Woree Cairns QLD 4870
Site : 2021m²
The Coolabah Motel has 9 large motel rooms plus 3 self contained room and 2 self contained apartments with a separate bedroom. All rooms have off street parking. The Managers residence is a double storey three bedroom building with office, laundry and additional downstairs living room


ROOM CONFIGURATION

Motel Rooms sleep 1 to 4 persons. All rooms have airconditioning, ceiling fan, double bed, single bed, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, table and chairs, shower and toilet. Rooms that sleep 4 persons have a double and two single beds , table and chairs.

Self Contained Rooms sleep 1 to 3 people and have one double bed and one single bed. Rooms have airconditioning, ceiling fan, double bed, single bed, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, microwave, cooktop, toaster, frypan, cookware and kitchen utensils, table and chairs, shower and toilet.

Self Contained Apartments sleep 1 to 4 people and have one double bed and two single beds in a separate bedroom. Rooms have airconditioning, ceiling fan, double bed, two single beds, telephone, television, clock radio alarm, tea and coffee facilities, ironing board and iron, refrigerator, microwave, cooktop, toaster, frypan, cookware and kitchen utensils, table and chairs, shower and toilet.
Size in square feet:
2021m2

Expansion potential:
Additional storey to the existing single level 9 room motels.
Commercial redevelopment site.
Support & training:
Available
Trading hours:
7am - 8pm

For more information about this business for sale, click the Contact Seller button.


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