Investment Motel 2 Hours From Toowoomba - 1891mi

Business Sold Chinchilla, Queensland 4413

Business Category Motel

SOLD

Description

Investment Motel 2 Hours From Toowoomba - 1891mi

- 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
Contact Seller
Tony Johnson
Richard O'Connell

Bsale ID: 599387
Broker REF: tourismbrokers_50_1380

Tourism Brokers