Chermside Motor Inn




Chermside Motor Inn

This Brisbane leasehold motel is ideally situated on the main highway in the northern suberb of Chermside, in close proximity to one of Brisbane's largest Shopping Centres, and hospitals, and only 8km from the city centre.
The motel consists of 22 fully equipped bedsitter style motel rooms spread over 2 levels, a 3 bedroom managers residence, kitchen for breakfast preparation, and a well equipped laundry. Occupancy rates for the motel are consistantly good. The lease agreement has approximately 27 years remaining, providing ongoing security of tenure to the incoming buyer.

Great Lifestyle opportunity, geat location, and an attractive net return.

PRICE: $1,200,000.00 GST Exempt
  • Brisbane City Motel Leasehold for sale
  • Great Main Highway location at Chermside
  • Only 8km to the city centre
  • 22 beddsitter style rooms
  • 3.5 star rating
  • Consistently high occupancy rates
  • Approximately 27 years remaining on the lease
  • 3 bedroom managers residence
  • Fully equipped breakfast kitchen, and laundry
  • All equipment is in good condition
  • Currently operated under full management
  • Excellent net returns

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