If you have been looking for a profitable investment ready to walk straight into with no upgrading needed then the three and a half star Parkside Motel in Ayr, North Queensland is definitely worth your inspection. Within the last 12 months the rooms, restaurant and kitchen have been fully refurbished including new split system air-conditioning, internal and external painting, flat screen TV’s, carpet, curtains, room appliances and sliding glass aluminium windows throughout as well as replacing the majority of the furniture. Email Jack Slaney of Raine and Horne Ayr on ayr@rh.com.au for more information.

The concrete block complex has 18 rooms consisting of 7 double/single rooms (queen bed), 6 twin rooms (queen and single bed), 2 rooms with a queen and two singles, 3 two bedroom family rooms (one room – 2 x queen and 2 x single beds; two rooms – a queen and 4 x single beds). Each room has modern dcor and is well presented with a fresh look from the recent refurbishments. Ring Jack on 0747837522 to find out more.

The restaurant seats 50 people and has a cosy atmosphere and overlooks the covered swimming pool area. It has also been refurbished recently with new paint, carpet, air-conditioning and kitchen appliances. A fully equipped kitchen with stainless steel cook tops and preparation areas is in excellent condition for the preparation of breakfast and dinner meals. Currently the bar and restaurant are open evenings only from Monday to Saturday.

The air-conditioned manager’s residence comprises two single rooms each with their own toilet and shower and adjoins the kitchen and reception areas. The reception is equipped with an electronic booking system as well as Eftpos. Room rates are based on $110/single or double plus $20/additional person. The laundry is contracted off-site although there are laundry facilities available. The occupancy is well patronised by return clientele comprising many contracting companies, sporting teams and families.

Ayr is in the Burdekin Regional Council area and is just 85km South of Townsville, 100km North of Bowen and 200km North of Airlie Beach and the Whitsunday Islands. The Burdekin is renowned for its abundant water allowing over 80,000ha of irrigated farming providing jobs and secure incomes to the 20,000 people living here. A large number of contractors work in the area in the various industries including the 4 sugar mills, construction and maintenance – all these require accommodation. As well as this there is a vast array of sports and recreations for a life style great for families. Townsville is just one hour away and is fast becoming an economic power house with a population of over 180,000 and a large industrial, government and defence based economy.

Price: $1.8M + GST land and buildings (guaranteed lease back with rent- $180k/yr + GST)