BUNDABERG CENTRAL QLD 4670
Reduced $595,000 Leasehold
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- 17 Oct 2016
1933ML - Leasehold 18 Unit B&B Motel - Coastal Town
Hard to find 18 unit B and B motel only a few minutes' walk to town centre
Quiet side street with river and council parklands across the road
All units have new split air conditioners, beds, furniture, curtains, mirrors etc
Current owners have spent the 3 and a half years refurbishing and increasing trade
Now has a very strong loyal client base with high percentage of repeat trade
In ground pool, barbeque area and large covered guest entertaining area beside the pool
A wide choice of dining establishments within an easy walk
Owners residence on the ground floor with choice of two to three bedrooms plus refurbished kitchen, bathroom and bedroom
Opportunity to create a further self contained unit beside the residence
Net profit $224,960
Contact Debbie Nicholson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1933ML (quote when enquiring)
Location: Bundaberg Qld
Bundaberg is a progressive cosmopolitan city and part of a vibrant diverse region just four hours north of Brisbane. Situated at the southern tip of the Great Barrier Reef, and enjoying the world's most superb climate, Bundaberg is a provincial hub renowned for the friendliness of its residents, its limitless economic opportunities and a genuinely affordable cost of living.
The Bundaberg region is located in the heart of a rich sugar and horticultural belt supported by a growing manufacturing sector. In fact, Bundaberg produces one fifth of Queensland's sugar crop and the city is surrounded by a green sea of rich sugar cane and many farms growing Australia's finest small crops. The city plays a significant role in global manufacture and industry, being home of 'the famous Aussie Spirit', Bundaberg Rum, leading drinks manufacturer Bundaberg Brewed Drinks, diversified agricultural corporation Bundaberg Sugar, and many others of international recognition.
Abundant potential exists for a new wave of investment opportunities, given the close proximity to South East Queensland, and the excellent water, transport and other infrastructure in place. Bundaberg welcomes tourists and residents wishing to raise a family or retire - vast opportunities await you.
Property Code: 773
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