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
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This business is somewhat unique and has no similar competition in this region, category or price bracket.