Property ID: 1P0498

9 Boundary Road Cooktown QLD

$700,000
  • 31
  • 14
  • 10
  • Block of Units
  • For Sale
  • 142 sqm
  • 4058 sqm
  • 10
BARGAIN 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, fully equipped communal kitchen, Salt water swimming pool set in tropical gardens with a barbeque area.Self-contained 2Br managers residence.
36 Solar Panels to minimise power billsGreat 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.
For SALE by SAIL
Features
  • Air Conditioning
  • Alarm System
  • Built-In Wardrobes
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Pool

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