Barrier Reef Motel in Far North Queensland for sale
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Barrier Reef Motel in Far North Queensland for sale
The leasehold of the Barrier Reef Motel for sale through Terry George Ray White Commercial Toowoomba.
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Ray White CommercialThe Barrier Reef Motel.
The leasehold interest of the iconic Barrier Reef Motel at Innisfail in Far North Queensland is now available for purchase.
The owners have been in the motel industry for three decades and have decided it’s time to retire.
Situated at 2 River Road, the property has 42 rooms of various configurations including queen, twin share, family and family self-contained two-bedroom units.
The exterior of the property. Source: Ray White Commercial Toowoomba
The residence is a large 3 bedroom apartment above the reception, which is fully air-conditioned with open plan kitchen, dining and lounge, opening onto a balcony.
The residence also comes with an ensuite to the main bedroom private undercover car park for the managers.
A fifty-seat open-plan restaurant is complemented by a large fully equipped bar and twenty-five-seat casual bistro that opens onto an outdoor undercover beer garden surrounded by lush north Queensland tropical gardens.
The secure lease is in place until 2042.
The restaurant of the motel. Source: Ray White Commercial Toowoomba
Selling agent and Ray White Commercial Motels Specialist Terry George said The Barrier Reef represented an exciting opportunity to acquire a large leasehold motel with proven consistent trading over many years.
"The customer base is very diverse due to Innisfail being home to industries such as sugar, bananas, fishing, the port, all departments of government and, of course, tourism," he said.
"Not many people have opportunity to own a very profitable successful business in a tropical paradise."
The Barrier Reef Motel is for sale by private treaty expressly through Ray White Commercial Toowoomba.
For more information, email or phone Terry George via the details provided below.
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