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121-125 Macmillan Street
Ayr QLD 4807
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Sold on 23 Feb 2024

121-125 Macmillan Street Ayr QLD 4807

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

Tenanted Investment Opportunity!

    Are you seeking a golden opportunity to secure a long term investment opportunity? NAI Harcourts Property Centre presents an exceptional tenanted motel investment located at 121-125 MacMillan Street in Ayr, North Queensland. This investment gem offers a unique chance to enhance your financial future in the heart of Ayr's vibrant township.

    • Prime Location: Nestled in the central business district of Ayr, this 16-room motel thrives in a sought-after, bustling location that ensures a steady stream of guests year-round.

    • Versatile Accommodations: The motel boasts well-appointed rooms designed to cater to a diverse range of guest needs, guaranteeing a consistent flow of patrons throughout the year.

    • Comprehensive Amenities: With ample guest parking, a spacious 4-bedroom manager's residence, an office, and a welcoming 100*-seat restaurant, this property provides a comprehensive package that delights both guests and investors.

    • Secure Investment: Enjoy peace of mind with a long lease in place, extending until 2030, with an additional 5 sets of 5-year options. A strong annual net rent return of $96,481* + GST secures your investment.

    • Double the Advantage: The property encompasses two titles, allowing for increased flexibility and potential for future developments.

    • Flourishing Community: Ayr's vibrancy is fueled by a mix of tourism, thriving commercial activity, and a solid agricultural industry, ensuring a constant flow of guests.

    • Commercial Zoning: Situated on 2,023sqm* of Zoned "Centre" Land, this investment offers flexibility for various uses and future developments.

    This extraordinary opportunity beckons you to secure a prosperous future in the ever-popular motel investment sector. With a lengthy lease, healthy return on offer, and a strategic location, you can confidently enter the exclusive world of passive investment accommodations. Seize this golden opportunity and secure your financial future.

    Don't let this chance slip contact Nathan O'Neill today to discover more about this exceptional investment.

    - *Approx
    - Outlines are Indicative and may not be accurate

    Property Highlights

    Date Sold23 Feb 2024
    Floor Area1 m²
    Land Area2,024 m²
    ParkingAsk Agent
    Property ID2018851702
    Category
    Last updated  21 Mar 2024
    Map for 121-125 Macmillan Street Ayr QLD 4807

    Property Highlights

    Date Sold23 Feb 2024
    Floor Area1 m²
    Land Area2,024 m²
    ParkingAsk Agent
    Property ID2018851702
    Category
    Last updated  21 Mar 2024

    Listed by

    Nathan O'Neill
    Harcourts Property Centre
    Call
    0413 978 788

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