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30 Far Street
West Gladstone QLD 4680
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Sold on 5 Apr 2017

30 Far Street West Gladstone QLD 4680

  • Hotel, Motel, Pub & Leisure
  • 5,808 m²
  • Sold

Freehold Motel Investment. High Yield Anticipated Circa 11%.

- Five year lease to 2020 with options through to 2040
- Gladstone Palms Motor Inn - 36 room motel with licensed restaurant, swimming pool, conference room and three bedroom managers' residence
- Annual CPI rent reviews
- Tenant pays all usual outgoings including Land Tax and maintenance costs
- Substantial 5,808 sqm site with three street frontages including 1,700 sqm development land at rear
- Conveniently located 4 km from the airport on busy highway amongst KFC, Red Rooster, Supercheap Auto and Gladstone Central Shopping Centre
- Gladstone - major industrial hub, with two of the world's biggest alumina refineries and Queensland's largest multi-commodity port
- Net Income: $297,013 pa + GST

Auction 11AM AEDT Tuesday 4 April 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

AUCTION

Auction date and time04/05/2017 11:00
Auction locationDoltone House Hyde Park
_Archived_Kelly & Co Property Pty Ltd
_Archived_Kelly & Co Property Pty Ltd
Level 24/324 Queen Street
Brisbane City, QLD 4000

Property Highlights

Date Sold5 Apr 2017
Floor AreaAsk Agent
Land Area5,808 m²
ParkingAsk Agent
Property ID2013433512
Category
 Hotel, Motel, Pub & Leisure
 Shop & Retail
Last updated  8 Jun 2017
Map for 30 Far Street West Gladstone QLD 4680

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_Archived_Kelly & Co Property Pty Ltd
_Archived_Kelly & Co Property Pty Ltd
Level 24/324 Queen Street
Brisbane City, QLD 4000

Property Highlights

Date Sold5 Apr 2017
Floor AreaAsk Agent
Land Area5,808 m²
ParkingAsk Agent
Property ID2013433512
Category
 Hotel, Motel, Pub & Leisure
 Shop & Retail
Last updated  8 Jun 2017

Listed by

_Archived_Kelly & Co Property Pty Ltd
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07 3220 3611

Enquire about this property

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            More about 30 Far Street West Gladstone QLD 4680

            30 Far Street West Gladstone QLD 4680 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 5,808 m². The listing ID for this property is 2013433512.

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