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INVESTMENT MOTEL LODGE ROCKHAMPTON

100 Gladstone Road, ALLENSTOWN QLD, 4700

For Sale

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

For Sale For Lease

5/29-30 Grattan Street, Prahran, VIC 3181

Listing ID:
11282837
Status:
Active
For:
Sale
Price:
$1050000
Last Updated:
29/03/2020
Icon building

Property Type

Hotel/Leisure/Hotel/Leisure
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Land Area

1800 SQM
Icon size

Floor Area

1310 SQM
Icon parking

Parking

15

INVESTMENT MOTEL LODGE ROCKHAMPTON

Motel Lodge For Sale – Free Hold Investment Opportunity
REDUCED FOR IMMEDIATE SALE

A lucrative opportunity to invest with amazing future prospects in the growing Rockhampton region.
This investment holds many an opportunity with its long standing history, solid yield with continued growth for the future.
The current business portfolio will allow the investor to remain ‘hands off’ and enable the investment return to come without the burden of excess involvement.
Current condition of the complex is of a high standard and therefore the investment will not require further investment or modification for the coming annum.

* 15 Unit Motel Complex.
* 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 20 years.
* Current return $110228..84 includes GST.
* CPI increase annual.

Astute investors will flock to this golden opportunity with a solid return of 8.0% per annum, so act to void disappointment.

Further information contact us.
Price to sell $1,100,000

For more details, please email agent

For Sale For Lease

5/29-30 Grattan Street, Prahran, VIC 3181


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