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100 Gladstone Road Allenstown QLD 4700

  • Hotel / Leisure
  • 1,310 m²
  • For Sale, $1,150,000 (inc. GST)

INVESTMENT MOTEL LODGE ROCKHAMPTON

Motel Lodge For Sale – Free Hold Investment Opportunity

A lucrative opportunity to invest with amazing future prospects in the growing Rockhampton region.
This investment holds many an opportunity with its long standing history, solid yield with continued growth for the future.
The current business portfolio will allow the investor to remain ‘hands off’ and enable the investment return to come without the burden of excess involvement.
Current condition of the complex is of a high standard and therefore the investment will not require further investment or modification for the coming annum.

* 15 Unit Motel Complex.
* 9 Fully self-contained Units.
* 6 Motel Suits.
* Highway frontage.
* In ground concrete pool.
* Barbecue and entertainment area.
* Two bedroom high-set residence.
* Building area of Motel 1,310m2.
* Compact site, low ongoing maintenance.
* Close to schools, Shopping complex, Hospitals and CBD.
* Leased period to 2022 plus option for 20 years.
* Current return $106,566.00 includes GST.
* CPI increase annual.

Astute investors will flock to this golden opportunity with a solid return of 8.0% per annum, so act to void disappointment.

Further information contact us at 0427 227 238 .
Price to sell $1,150,000.00

Property Highlights

Property ID2014152726
Floor Area1,310 m²
Land Area1,800 - 2,000 m²
Parking15 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Nov 2018
Map for 100 Gladstone Road Allenstown QLD 4700
Placeplan Property Services Pty Ltd
Po Box 965 North Melbourne VIC 3051

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