PIALBA QLD 4655
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- 3 Oct 2016
2438MF - Ideal Location, Huge Potential!
- Large 4,047 sqm block with front and rear access.
- Located in main street of CBD .
- Walking distance to shops, cafes and beach.
- 28 ground floor well maintained rooms.
- Swimming pool and barbeque area.
- Restaurant and bar - currently closed.
Excellent opportunity to secure a freehold motel that has huge potential for growth and increased profitability as the Restaurant and Bar is currently closed.
The motel has been run under management for many years with the owner living interstate and now wanting to retire.
Call now for more information.
Net profit $174,902 for 2013/14
Contact Debbie Nicholson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2438MF (quote when enquiring)
Location: Pialba Qld
Pialba is a suburb in Hervey Bay, Queensland located 294 kilometres north of Brisbane. It is the central business district of Hervey Bay. The city of Hervey Bay is located a comfortable 3.5 hour drive or 45 minute flight north of Brisbane, Queensland's capital city. With the extension of the Hervey Bay Airport completed, Jetstar and Virgin Blue now fly directly to Hervey Bay from Sydney.
Hervey Bay has truly come of age, maintaining its youthful, natural good looks but offering the attractions of a mature, established city. Continued strong growth has seen Hervey Bay's population is approximately 63,000 and trends show this growth rate - one of Australia's highest - will continue.
Economic growth is matching population growth, particularly in tourism, service industries, retailing and light industries. A spate of multi-million dollar commercial, residential and resort developments are either underway or in the pipeline.
Due to its growing popularity, the Hervey Bay is a hive of activity and offers year round attractions and events with something to suit most interests. The beauty of the Fraser Coast is that it still offers the intimacy and friendliness that many larger destinations seem to have lost.
Property Code: 1852
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