CBD Freehold - Car Business & Motel Accommodation Business
Map large
- #152Property ID:
- 7Bed
- 8Bath
- 1,012m2Land
- 773m2Area
An opportunity to acquire a Central CBD Freehold redevelopment site and two businesses : the dominant local car rental company in the Cairns marketplace and in addition an income stream with Inn The City Motel accommodation. Operating for nearly twenty years ; the current owner involved since 2002 A1 Car Rental business is a great opportunity for an owner occupier to live on site and take control. Generous sized three bedroom dual key managers apartment on the first floor. Located two streets from the Esplanade and Casino, within 350m from the centre of the Cairns City Mall.
The Car Rental business is being operated from ground floor area of the double storey site. The freehold building of 773m2 is situated on a 1,012m2 block with 20m frontage to Lake St. Reception Area, Board Room and Car Washbay. This site has 10 storey + basement redevelopment potential.
Features, Benefits & Points of Difference :
• Well maintained fleet of superior and modern vehicles
• Assignment of fleet of approx 56 vehicles
• Unlimited km on all cars
• Computerised reservations system
• Professional trained staff
• Locally owned private, flexible adaptive business
The Motel Accomodation business includes a Manager’s residence, four (4) x 1 bedroom flats and two (2) x Studio flats, computer internet for guests, inground swimming pool and gardens.
This well branded leading locally owned business is reluctantly being offered for sale due to health reasons.
Price $1.68m - Freehold & Businesses
This property is also available as freehold only purchase on an 8% yield with 3+3+3 lease)
Grant Freeman 0417 159 357 (Intl +61 417159357)
Should you be considering selling your property please do not hesitate to contact us - we are here to help you
The Car Rental business is being operated from ground floor area of the double storey site. The freehold building of 773m2 is situated on a 1,012m2 block with 20m frontage to Lake St. Reception Area, Board Room and Car Washbay. This site has 10 storey + basement redevelopment potential.
Features, Benefits & Points of Difference :
• Well maintained fleet of superior and modern vehicles
• Assignment of fleet of approx 56 vehicles
• Unlimited km on all cars
• Computerised reservations system
• Professional trained staff
• Locally owned private, flexible adaptive business
The Motel Accomodation business includes a Manager’s residence, four (4) x 1 bedroom flats and two (2) x Studio flats, computer internet for guests, inground swimming pool and gardens.
This well branded leading locally owned business is reluctantly being offered for sale due to health reasons.
Price $1.68m - Freehold & Businesses
This property is also available as freehold only purchase on an 8% yield with 3+3+3 lease)
Grant Freeman 0417 159 357 (Intl +61 417159357)
Should you be considering selling your property please do not hesitate to contact us - we are here to help you