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spacer Chermside Motor Inn
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spacer PRICE: $1,200,000 GST Exempt
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FEATURES:
 
  • Brisbane City Motel Leasehold for Sale
  • Great Main Highway Location Chermside
  • Only 8km to City Centre
  • 22 beddsitter Style Rooms
  • 3.5 Star Rating
  • Consistently High Occupancy Rates
  • Approximately 27 years Remaining on Lease
  • 3 Bedroom Managers Residence
  • Fully Equipped Breakfast Kitchen and laundry
  • All Equipment Good Condition
  • Currently Operated under Full Management
  • Excellent Net Returns
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DESCRIPTION:
 This Brisbane leasehold motel is ideally situated on the main highway in the northern suburb of Chermside.

Close proximity to one of Brisbane's largest Shopping Centres and hospitals. 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
Great location
Attractive Net Return

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CONTACT:
David Radonich

Ph: 07-41544178
Mob: 0418204479
david@cbdrealty.com.au
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