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422 Kingsford Smith Drive Hamilton QLD 4007

  • Hotel / Leisure
  • For Sale, $699,000

Bring this Brisbane Motel Leasehold Back to Life | Resort Brokers ID : LH005973

Featuring 22 rooms with a mix of twin, family and standard rooms, this riverfront property is ready to be returned to its glory days as one of Brisbane's better motels. The property runs as a solid leasehold business in a great location. The incoming buyer has the option to continue running it in its current form or could undertake future renovations to create a boutique-style accommodation facility and reap the rewards of the upside. A full inventory is provided and the motel is currently AAA-rated to 3 stars... so the options are endless depending on your ambition.

- 22 rooms
- Net profit of $187k
- Rent of $210k
- Two-bedroom manager's unit onsite
- Can be run with casual cleaners or completely under management
- Underutilised conference room onsite with bar
- Property inspections are by appointment only

Property Highlights

Property ID2015572125
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  30 Aug 2019
Map for 422 Kingsford Smith Drive Hamilton QLD 4007
Resort Brokers Australia Pty Ltd
362 Montague Rd West End QLD 4101

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