We are very pleased to have been appointed as Brokers to market the leasehold interest of the Jackaroo Motel, located in Mareeba, Queensland.
This is arguably the best leasehold offering in regional Queensland and will offer new owners a highly successful and profitable investment.
The Motel is offering a very solid return on investment and the business will continue to grow under new ownership.
The property would suit hands on operators or would also be an ideal asset to have managed. The current owners are looking to retire and have built a business that enjoys a high level of loyal return guests. Occupancy has been very stable for a number of years and strong tariffs have contributed to the success of this business.
The Motel caters to both the Corporate sector and leisure travellers.
The Motel offers guests a continental and cooked breakfasts to the rooms, or a cooked buffet style breakfasts for bus tours and groups and and is a served in the popular conference venue.
This Motel is the last stop before the trip to Cape York.
The property presents in excellent condition and new owners will have nothing to spend.
The Motel boasts a very attractive depreciation schedule of some $420,000.