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1 Graham Colyer Drive
Agnes Water QLD 4677
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Sold on 21 Jan 2020

1 Graham Colyer Drive Agnes Water QLD 4677

  • Hotel, Motel, Pub & Leisure
  • 1,000 m²
  • Sold, $780,000

Freehold Motel - Leased Investment - 9% Net Return - under contract

Leased Investment
Lease is 10 years 1/3/2016 - 20/2/2026
Options 3 x 5 year options

Agnes Water - Central Queensland
The New take off point to the Southern Great Barrier Reef.
Boutique opportunity to buy a fully leased freehold motel.
Prime position within walking distance of town, beach and shops.
Located in the tourism strip with excellent corner exposure.
Adjoining Restaurant and multi complex resort facility.
Long Term lease in place providing a proven ROI over the long term.
Recent repaint of external skin of the building.

Currently Comprising
9 Ensuited motel rooms - 1 room is disabled
Boutique Conference / Meeting Room
Office leased to Local Tourism Organisation
3 bedroom 2 bathroom plus kitchenette residence on upper level

DA approved to Conference and office space to two ensuited motel rooms and a reception area
DA approval to convert upstairs office to managers residence
DA approval to add two more motel rooms

For a full IM call Gordon Christian and inspect today.

Property Highlights

Date Sold21 Jan 2020
Sold Price$780,000
Floor Area1,000 m²
Land Area1,269 m²
Parking12 x Onsite parkings
Virtual TourView Tour
Property ID2013652015
Category
Last updated  10 Mar 2020
Map for 1 Graham Colyer Drive Agnes Water QLD 4677

Property Highlights

Date Sold21 Jan 2020
Sold Price$780,000
Floor Area1,000 m²
Land Area1,269 m²
Parking12 x Onsite parkings
Virtual TourView Tour
Property ID2013652015
Category
Last updated  10 Mar 2020
Shop 20, Endeavour Plaza Captain Cook Drive Agnes Water QLD 4677

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