Address available on request,
Normanton, QLD 4890

Located in Normanton in Far North Queensland, the Gulfland Motel & Caravan Park presents an excellent opportunity for an astute investor to take advantage of high returns driven by the increasing number of tourists to the outback region.

Set on 3.85 acres, the Businesses improvements include:

• 28 Air-Conditioned Motel Rooms
• 40 Powered Sites
• Licensed 50 Seat Restaurant
• Amenities
• Laundry
• Camp Kitchen & BBQ Area
• 4 Bedroom Residence
• Office
• Pool
• Town Water and Sewerage
• Landscaped Surrounds

The current lease term is through to July 2019 with 2 x 5 year options (through to July 2029) - approx 15 years remaining.

This Leasehold Motel & Caravan Park offers a tremendous opportunity with exceptional returns. FY14 is projected to show a Turnover of approx $600,000 and expected Net in the range of $170,000 (56% return on asking price). Previous years Net Profit was $171,240.