ANNERLEY QLD 4103
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- 6 Sep 2016
2034ML - Proven performer 26 Room B&B Motel in Brisbane
- 26 Rooms with various bedding arrangements.
- No restaurant.
- 27 years lease remaining.
- Prime location on one of Brisbane's busiest arterial roads.
- Close to hospitals and only 6 kilometres from Brisbane CBD.
- Excellent occupancy rate.
- Lots of upgrade work already done.
- Ready to move in, take over and reap the rewards.
This motel is one of the rare ones in Brisbane. An excellent location on a very busy arterial road, a catchment leading into the City. An ideal motel for corporates, and families, with such a wide variety of bedding arrangements. Close to shops, hotels, and hospitals. Even has a bus stop at the door for guests to travel to the City. This motel really does tick all the boxes for variety, location, ease of operation and making a good solid income. But - be quick it won't last.
Net profit $334,936 from 1/03/15 to 29/2/16
Contact Michael Huddlestone from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2034ML (quote when enquiring)
Location: Annerley Perfectly positioned on the Inner City fringe, Annerley has a wonderful synergy of lifestyle and convenience whilst still boasting the suburban charm often lost closer to the CBD. A central hub for transport and shopping the suburb offers both buses and trains in and out of the CBD, easy access to the M3 to head north or south and is within close proximity to Woolworths Annerley, Buranda and Moorooka as well as Fairfield Gardens and Stones Corner.
The suburb is under constant rejuvenation with strong residential and commercial development as well as renovation. A nice mixture of character homes, good sized blocks and wide streets with new townhouse developments and small unit complexes. A must for anyone wanting proximity and lifestyle without the hustle and bustle of the CBD. Very affordable and a suburb which is on the rise it also has a number of medical centres, the Princess Alexandra Hospital as well as schools and day care and a short walk across the Green Bridge to UQ.
Property Code: 2019
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information