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Miles QLD 4415
Sold on 2 Jun 2023

Miles QLD 4415

  • Hotel, Motel, Pub & Leisure
  • 1,386 m²
  • Sold

FREEHOLD INVESTMENT, LONG LEASE IN PLACE - 2023MI

    Solid brick building with new 30 year lease in place.

    Owner is motivated to sell the asset comprising of:

    - 12 ground floor rooms of varying configurations.

    - 3 bedroom residence.

    - Low maintenance grounds and gardens, pool and barbeque area.

    - New 39km solar system to save on power bills.

    - Main road exposure in the centre of town.

    - Rent currently at $70K pa with CPI increases.

    - Many upgrades have occurred in the past 6 months to ensure the profitability of the business and to minimise expenses - full list is available on the property summary.

    - New motivated tenant and secure long-term tenture.

    Miles is in the middle of a strong agricultural area and the SW QLD gas fields. It is on the main arterial highway leading from Brisbane and caters for tradies and travellers of all kinds. It is a small friendly town approximately 2.5 hours from Toowoomba.

    Bricks and mortar are a rock-solid investment. Call now for further information as the owner has said "Make me an offer!".

    Annual Rent: $70,000 plus GST

    Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 2023MF (quote when enquiring)

    Property Code: 4422

    Property Highlights

    Date Sold2 Jun 2023
    Floor Area1,386 m²
    Land Area1,386 m²
    ParkingAsk Agent
    Property ID2018281635
    Category
    Last updated  5 Jun 2023
    Map for Miles QLD 4415

    Property Highlights

    Date Sold2 Jun 2023
    Floor Area1,386 m²
    Land Area1,386 m²
    ParkingAsk Agent
    Property ID2018281635
    Category
    Last updated  5 Jun 2023

    Listed by

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