We are very pleased to have been appointed as Brokers to market for sale, the leasehold business of the Cluden Park Motor Inn.
This Motel of 31 rooms is located in Townsville, North Queensland.
The property has a fully licensed Restaurant that seats approximately 80 people, and also a cocktail bar.
There is also a separate function room and a breakout area with undercover seating and a guest BBQ.
The swimming pool has just been fully renovated and presents as new.
All rooms have recently been repainted and the furniture is in excellent condition.
The property is complimented with a very large and fully self contained 3 bedroom Manager’s residence.
The Motel has a solid trading history and is poised to enjoy the growth that Townsville will enjoy in the future.
The stadium is now approved and the Armed forces are constantly expanding their presence in the region.
New 30 year lease at settlement, net profit of $180,000.