Chermside, Queensland
High-Yield Leasehold Motel – Proven Government-Backed Income Stream
Expressions on Interest
Business Description
Ras360° Property Solutions is pleased to present an exceptional leasehold motel opportunity in the tightly held northern Brisbane suburb. Positioned just 10km from the Brisbane CBD and within close proximity to major hospitals, Westfield Chermside and key transport infrastructure, this well-located accommodation asset offers a highly defensive and proven income model that has been successfully operated for the past 6–7 years.
Investment Highlights:
• Adjusted Net Profit: ~$591,000
• Reported Net Profit: ~$456,000
• Add-Back Adjustments: ~$135,000 identified and normalised
• Expressions of Interest Campaign – All Reasonable Offers Considered
A True Cashflow Asset:
This business has been strategically positioned to service predominantly government-funded agencies providing accommodation for social housing requirements. The result is a highly stable, repeatable and low-risk income stream underpinned by:
• Long-term and medium-term stays (7–30+ days)
• Streamlined debtor management
• Reduced operational intensity (lower cleaning frequency)
• Consistent occupancy driven by essential housing demand
The operation is currently run 100% under management, delivering strong returns with minimal owner involvement. Combined with a low service model, this presents a rare opportunity for investors seeking passive income or operators looking to optimise further.
Property & Operational Overview:
• Strata titled motel with low maintenance garden areas (supported by body corporate gardening allowance)
• Studio-style accommodation (3–3.5 star positioning)
• Kitchenettes, Wi-Fi, parking, laundry and outdoor common areas
• Appeals to hospital visitors, contractors, government placements and medium-term occupants
• Quiet residential location off main roads – a key advantage for tenant retention
Location Benefits:
• ~15 minutes to Brisbane Airport
• ~20 minutes to Brisbane CBD
• Close to Westfield Chermside
• Nearby major hospitals including The Prince Charles Hospital and St Vincent’s Private Hospital Northside
Buyer Profile:
This opportunity will suit:
• Experienced motel operators
• Yield-focused investors seeking strong passive returns
• Value-add buyers looking to further enhance an already proven model
With the ability to achieve 30–40%+ yield (subject to purchase price and structure), this is a rare offering in the current market.
This is a cashflow-driven asset with a proven model, strong fundamentals, and immediate income certainty.
For further information or to request a confidential information memorandum, please contact Ras360° Property Solutions.
**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
Business Summary
Key Investment Insights
1. Adjusted net profit approximately $591,000, reported net profit approximately $456,000, with about $135,000 of add-back adjustments identified and normalised.
2. Income predominantly government-backed, providing a highly defensive, stable and low-risk recurring revenue stream.
3. Revenue driven by long-term and medium-term stays, typically 7 to 30+ days, supporting predictable cashflow.
4. Operation runs 100% under management, enabling minimal owner involvement and passive income potential.
5. Low operational intensity due to streamlined debtor management and reduced cleaning frequency, lowering variable costs and labour requirements.
6. Property is strata titled with low-maintenance gardens covered in part by body corporate gardening allowance, reducing upkeep burden.
7. Studio-style 3 to 3.5 star accommodation with kitchenettes, Wi-Fi, parking, laundry and outdoor common areas, meeting basic medium-term guest needs.
8. Quiet residential location off main roads, aiding tenant retention and appeal to medium-term occupants.
9. Strong location fundamentals, approximately 10–20 minutes to Brisbane CBD, around 15 minutes to Brisbane Airport, close to Westfield Chermside and near major hospitals including The Prince Charles Hospital and St Vincent’s Private Hospital Northside.
10. Target tenant mix includes hospital visitors, contractors and government placements, supporting consistent occupancy from essential housing demand.
11. Suited to experienced motel operators, yield-focused investors or value-add buyers, with potential to achieve 30–40%+ yield depending on purchase price and structure.
