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15 Greetham Street Sarina QLD 4737

  • Hotel, Motel, Pub & Leisure
  • 146 m²
  • For Sale, $600,000

Accommodation Facility Set Amongst A Tranquil Bush Landscape - Gross full year 20 /21 returns in excess of 15%!

    Currently operated as a nine room accommodation facility this recently renovated 100 year old 'Queenslander' is set amongst a beautiful bush landscape with views looking back over the Sarina Township and nearby coast.

    Letting terms are variable but typically medium term.

    The property is enjoying high occupancy levels and strong letting rates however there is still upside on these numbers as the regions economy continues to thrive.

    Gross Returns for 10 month period to 30 April 2021 - $98,002.

    This is an ideal property to self manage with minimal time and effort required or still extremely profitable as a passive investment via agent management.

    Sarina is a thriving country town just south of Mackay servicing the coal ports of Hay Point and Dalrymple Bay, the Jilalan Rail facility and the local sugar industry.

    Whilst operating successfully and very profitably in its current form, this property is well suited to a shift in operating format toward a tourism oriented B & B set up with minimum outlay required or conversion to a residential property in a tranquil setting close to all amenities.

    For further information on this wonderful cash generating property and / or to arrange inspection contact Greg Smith today on 0413054742.

    Greg Smith
    Gardian Real Estate
    Greg Smith
    Gardian Real Estate

    Property Highlights

    Property ID2016837853
    Floor Area146 m²
    Land Area1.1 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  17 Aug 2021
    Map for 15 Greetham Street Sarina QLD 4737
    Map for 15 Greetham Street Sarina QLD 473715 Greetham Street Sarina QLD 4737
    Greg Smith
    Gardian Real Estate
    Greg Smith
    Gardian Real Estate

    Property Highlights

    Property ID2016837853
    Floor Area146 m²
    Land Area1.1 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  17 Aug 2021
    Gardian Real Estate
    73 Wood Street Mackay QLD 4740
    Greg Smith
    Gardian Real Estate
    Greg Smith
    Gardian Real Estate
    Greg Smith

    Greg Smith

    Gardian Real Estate

    0413 *** ***
    0413 054 742

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