Bongaree QLD 4507

ResortBrokers is delighted to bring to market the passive investment opportunity for the Bribie Waterways Motel in Bongaree. This 27-room motel, positioned on the waterfront of Pumicestone Passage, offers breathtaking views and easy access to beaches. With a long-term lease of 22 years remaining, it ensures stability for buyers. The motel features refurbished rooms, off-street parking, on a low maintenance block strategically located between Brisbane and the Sunshine Coast. This low-maintenance asset with solid rental returns is perfect for those seeking a quality investment in a desirable area with options.

- Trophy asset with pristine waterfront views on the Pumicestone Passage, offering easy access to beaches and local amenities 
- Canal acess with Pontoon
- Well-presented 27-room motel asset
- Morton Bay Building Scheme shows 15-metre height for this site
- Long-term tenant in place with solid rental returns on a low-maintenance asset
- Strategically positioned between Brisbane and the Sunshine Coast in a coastal growth corridor, ensuring capital value growth for the long-term investor. 
- Inspections are by appointment only