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Rare Passive Motel Investment - 8.5%

100 Gladstone Road, ALLENSTOWN QLD, 4700

For Sale

Property for Sale in 100 Gladstone Road, ALLENSTOWN QLD, 4700

@realty

Servicing NSW, VIC, QLD, WA, NT, SA - National Head Office , Surfers Paradise, QLD 4217

Listing ID:
11331414
Status:
Active
For:
Sale
Price:
8.5% Passive Investment
Last Updated:
25/01/2019
Icon building

Property Type

Hotel/Leisure
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Land Area

1310 SQM
Icon size

Floor Area

N/A
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Parking

N/A

Rare Passive Motel Investment - 8.5%

Motel Lodge For Sale – Free Hold Investment Opportunity!

Great opportunity in the ever growing Rockhampton region.
Such an investment withholds unlimited opportunities with its outstanding history and prosperous future with plenty of space to grow.
Burden free investment return. Yes that's right, the current business portfolio will allow the investor to remain 'hands off'.
Condition of the property is currently at a high standard which only makes this investment more desirable as it will not require further investment or modification for the coming annum.

* 15 Unit Motel Complex.
* Current rent $98,713.71 plus gst annually with CPI increases
* 9 Fully self-contained Units.
* 6 Motel Suits.
* Highway frontage.
* In ground concrete pool.
* Barbecue and entertainment area.
* Two bedroom high-set residence.
* Building area of Motel 1,310m2.
* Compact site, low ongoing maintenance.
* Close to schools, Shopping complex, Hospitals and CBD.
* Leased period to 2022 plus option for 5 years.

For further information and inspections please contact your local Central Queensland agent Leon, from Christiansen Brokers @realty on 0427 233 755.

For more details, please email agent

@realty

Servicing NSW, VIC, QLD, WA, NT, SA - National Head Office , Surfers Paradise, QLD 4217


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