GYMPIE QLD 4570
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- 12 Dec 2016
2364ML - Corporate Leasehold 32 unit Motel SE Qld
- 32 unit motel with all bathrooms refurbished.
- Large four bedroom owner's residence adjoins reception.
- Well run licensed restaurant with private bar area.
- Located off the busy Bruce Highway for quiet guest enjoyment.
- 17 years remaining on the lease.
This is a busy corporate motel located 1.5 hours north of Brisbane with high visibility to the Bruce Highway. Current owner has refurbished a lot of the motel and established a strong repeat trade with guests. There is a large four bedroom owner's residence and the opportunity to purchase an adjoining residence together with commercial office/workshop for a further $300,000.
For those looking for a strong operational motel not far from Brisbane this will appeal, make an appointment to inspect now.
Net profit $287,949 for 2014/15
Contact Mike Huddlestone from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2364ML (quote when enquiring)
Location: The town of Gympie is located in south eastern Queensland, and is approximately 160 kilometres north of the state capital, Brisbane. It lies on the Mary River. Gympie is the administrative centre for the Gympie Regional Council area. Gympie is the centre of the Mary River Valley agricultural district in which beef, cattle and pigs are raised, tropical fruit and vegetables are grown and an active dairy industry operates.
Gympie has many private and public schools, reflecting its importance as a regional service centre including eight state primary schools, two state secondary schools and private schools which offer both primary and secondary education.
Road connection to Gympie is via the Bruce Highway. Rail connect is via QR's North Coast railway line, which is served by daily Citytrain services to Brisbane and Traveltrain services for long distances.
Events: The Toyota Country Music Muster is one of Australia's biggest country music dos, with just a leavening of blues. It is held in Amamoor Creek State Forest Park every year in August.
The Gympie Gold Rush Festival, in October, is a week-long festival which incorporates the Qld Gold panning Championships, the Australian Rock Drill Titles and a Twilight Street Procession.
Property Code: 1699
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information