Investment Motel 2 Hours From Toowoomba - 1891mi
Chinchilla, Queensland 4413
SOLD
Key Features
AI generated. Contact seller to confirm.
- 18 unit motel in busy Southern Queensland town
- Located on 1,971 m2 flood-free block
- Attractive low maintenance landscaped gardens
- Rent starting at $80,000 with CPI increases
- 8.4% ROI from rental income
- Genuine opportunity for investment
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: New 30 year lease in place
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Motel
- 18 unit motel located in one of the busiest motel towns in Southern Queensland.
- large energy projects in the area and with consistent trade with a long future ahead.
- 1,971 m2 flat block that has been flood free.
- Attractive landscaped gardens that are low maintenance.
- New 30 year lease in place from February 2023.
- Rent starting at $80,000 with CPI increases gives you an 8.4% ROI.
- Full details available, this is a genuine opportunity that will be sold.
Annual Rent: $80,000 p.a
Contact Tony Johnson or Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1891MF (quote when enquiring)
Location: Chinchilla is located 290 km west of Brisbane between Miles and Dalby. It is a middle-sized service town for the surrounding agricultural district and services a population in excess of 5,800 residents of the shire. The town has grown into an attractive, clean and progressive community of approximately 3,700 people and boasts a high standard of education, recreation, retail and professional services.
Property Code: 4378
- large energy projects in the area and with consistent trade with a long future ahead.
- 1,971 m2 flat block that has been flood free.
- Attractive landscaped gardens that are low maintenance.
- New 30 year lease in place from February 2023.
- Rent starting at $80,000 with CPI increases gives you an 8.4% ROI.
- Full details available, this is a genuine opportunity that will be sold.
Annual Rent: $80,000 p.a
Contact Tony Johnson or Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1891MF (quote when enquiring)
Location: Chinchilla is located 290 km west of Brisbane between Miles and Dalby. It is a middle-sized service town for the surrounding agricultural district and services a population in excess of 5,800 residents of the shire. The town has grown into an attractive, clean and progressive community of approximately 3,700 people and boasts a high standard of education, recreation, retail and professional services.
Property Code: 4378
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