This fantastic opportunity presents itself to those looking to live the island lifestyle with a solid income stream working from home.

A well-established freehold motel and car hire business is offered on a walk-in walk-out basis with 12 motel rooms and 2 bedroom manager’s residence, plus 10 hire cars.

The property is of block construction, built in 1988, and the current owners have done lots to make the property low maintenance and easy to manage.

An individual or couple can easily run this property, giving themselves a generous income, even with the assistance of a long-term part-time employee who is happy to continue on to assist with cleaning and to allow the owners to have days off and holidays when needed. The figures would even support a full-time live in manager if the purchaser would rather not live and work onsite.

The property is located approx 150m from the beautiful sandy beach of Picnic Bay, with its picturesque jetty which is a popular fishing spot, pub and cafes, golf club and National Park walking trails nearby.

There is plenty of parking onsite for the hire cars which add a second income stream with little effort involved. There is a renovated spacious two bedroom manager’s apartment above the ground floor office, store, guest laundry and manager’s laundry. 8 ground floor guest rooms look onto the lovely tropical pool and seating area with four further guest rooms upstairs. All guest rooms have an ensuite bathroom, kitchenette, air-conditioning and ceiling fans and are configured differently to accommodate family groups or couples in comfort.

Income has been consistent for many years and figures are available to genuine purchasers. Magnetic Island has seen significant increases in tourism activity in recent years with many businesses reporting record sales and future bookings indicating that the growth is likely to continue.

This is truly an opportunity to live the island lifestyle, with an income , and these opportunities don’t present themselves very often – especially at such a bargain price given the returns and the value in the building and its location.

call Alex Strens today for further information. This really won’t last long!

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Property Code: 738