Business News Australia.com.au

Home & Business For Sale Weipa QLD

Ash Palms has an occupancy level of just over 81% and already has 20% bookings for 2008. Grossing between $300,000-$400,000 pa and with small outgoings, this motel-style complex returns a nett profit that most businesses can only dream of. Tenants are mainly government and contractor workers with long term rentals common. General rates this year have been $135 per night. It is a freehold business on 2 titles and could be separated into 4 and 6 unit complexes in future if required. All accounting and booking records are available. Ideally the units are easily run by 2 people and has a separate caretaker’s quarters adjoining the pool.

Located within walking distance of the beach, newsagency, post office, chemist etc., all contained in 2 shopping centres opposite Ash Palms. The units operate on a casual overnight basis with most stays of around 4 days. They are also capable of providing long-term leases as they are large 2 storey apartments. Accommodation in Weipa is almost impossible to obtain unless booked well in advance and Ash Palms are typically booked out between 1-2 months prior to a client’s stay. The complex is only 3 years old and is made from rendered and core filled cement blocks.
Features-
* 10 fully self contained apartments
* 2 bedroom caretakers quarters
* All units with kitchens, TVs, DVDs, Internet connections, computers [opt.], fully furnished, telephone PABX commander system
* 2 single and 1 double/queen size per apartment
* low maintenance swimming pool
* lush tropical garden area
* close to all shops
* off-street parking
* separate office/reception building

Visit this business