Kallangur Motel Brisbane - Freehold




Kallangur Motel Brisbane - Freehold

50% of this excellent freehold investment opportunity in a high growth area of Brisbane is offered for sale. A new 5 year lease is offered, with 5 further option periods of 5 years each, with a very experienced lessee/operator. The motel consists of 33 rooms, 19 of which were constructed in 2015, and the remaining rooms were extensively refurbished during 2016.
Offered for sale at a net return on investment of 7.4%.

Great Presentation, Great Location, High Occupancy rates, Brand new 30 year Lease, and Attractive investment return.
What else could you want?


PRICE: $1,825,000.00 GST Exempt
  • Freehold Motel sale
  • 33 rooms, 19 of which were constructed in 2015, and the others extensively refurbished 2016
  • New 5 year lease with five further 5 year option terms
  • 50% share is offered
  • Situated at Kallangur in the Morton Bay area, Brisbane North
  • Convenient location close to shopping centre, tavern and eateries
  • High occupancy
  • Inground Pool
  • Nicely landscaped gardens, and barbecue/entertainment area
  • 2 bedroom managers residence
  • Very experienced lessee/operator
  • As new presentation
  • Excellent investment

PLEASE NOTE: It is our policy to protect the interests of our clients. Accordingly, prior to releasing any sensitive information, including financial information, we require a Confidentiality Agreement to be signed and returned to us. You can obtain one of these either by clicking here or by making an enquiry using our feedback form. When you make an enquiry from this page on a listing an email will automatically be sent to you with the confidentiality agreement attached. This agreement is in .pdf format so you will need Acrobat Reader to view it. You can also request a copy of this Agreement to be faxed to you. Our fax number is 07-41541436.

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CONTACT

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Address

CBD Realty
Ground Floor 'WIN Tower'
2 Barolin Street, Bundaberg, Qld 4670