Hatton Vale QLD 4341

Hotel, Motel, Pub & Leisure
1 m²
Sold

Freehold Investment Motel, Close to Brisbane, 8% ROI - 1P5289M

EXCLUSIVE TO CRE BROKERS. Perfect freehold investment now but the future looks even better!

The huge 8598sqm block has ample room for future expansion and with the recent release of 24 hectares of local residential land, the population is set to grow rapidly. With a brand new Bunnings and major supermarket due to open, the major operators are seeing the long term prospects as well.

The motel presents very well and has new solar, salt water pool, loads of parking for guests plus a large three bedroom, 2 bathroom residence.
With all this in mind, buy now with a plan for the future!

. Long lease with 29 years remaining
. Annual rental income of $63,200 (ex GST), adjusted annually to CPI