Businesses For Sale

Cooktown Motel

Cooktown Motel Pam’s Place Hostel

$1,450,000 WIWO

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Description

The Cooktown Motel, known as Pam’s Place Hostel, is a great accommodation provider in the heart of town. They offer great value for money with a range of accommodation options

4 self-contained rooms
8 motel rooms
18 budget rooms
1 donga

The property has great positioning right on the corner of Cooktowns main street. It is situated at the southern end of Cooktown's main street, offering a saltwater swimming pool and a BBQ area surrounded by tropical gardens.

Strengths and Opportunities

Well established

Great corner block

Property is located within 500 metres of the CBD

Fantastic investment property

Great return on investment – 11.45%

Perfect investment for a couple

No additional staff requirements

Easy to run business

Steady profits year on year

Opportunity for further growth with local area marketing activity and increasing online presence

For full details on this business contact:

Pruthesh - 07 40336944