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97 Marian Street, Mount Isa

$995,000

8 8 8 3,773 m2

Mount Isa's Favourite Motel

This wonderful property offers a good cash flow business with a great future
redevelopment opportunity. The Fantastic Marian Street location, excellent
clientele and internet profile makes this a great entry level opportunity.
Land total size 3773m2 and freehold.

Facilities in the 2 room motel/6 rooms including kitchenette, All rooms are fully airconditioned, Wifi Internet and Austar.
The business & Motel is on a WIWO basis and includes all stock at hand. Onsite 3 bedroom managers residence, fully equipped Reception/Office, on site laundry and 3 bay shed and equipment.

Online bookings incl Wotif, preferred supplier to several government clients, Rated Number 1 motel on Trip Advisor.

Excellent current figures and returning 13.58% return

This well run business represents a great balance of motel accommodation plus the opportunity 2 lease two homes on separate titles next to the motel and regularly booked by families and business's as part of the motel business.
Current owners can provide management training to the buyers

For more information contact  Kieran Tully 0416 177 001 or John Tully 0429 029 289 

Details

Address 97 Marian Street, Mount Isa
Price $995,000
Property Type Commercial
Property ID 831
Category Hotel/Leisure, Land/Development
Land Area 3,773 m2
Warehouse Area 3,773m2
Floor Area 1,618 m2

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