Outstanding Leasehold Motel, 38 Rooms In Charters Towers, Qld.

We are very pleased to have been appointed as Exclusive Brokers to market the leasehold interest of the Cattlemans Rest Motor Inn, located in Charters Towers, 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 return on investment of over 30%.

The property would suit hands on operators or would also be an ideal asset to have managed. The current long term 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 fully licensed bar and Steakhouse Restaurant.

32 of the rooms have renovated bathrooms and the Landlord is responsible for renovations to the last 7.