Childers, Queensland
2302MI – QUALITY INVESTMENT OPPORTUNITY
SOLD
Business Description
- 19 room motel
- 3 bedroom residence
- 26 years on the lease to 2044
- Solid brick and tile building with concrete driveway
- 1 acre of land
- Rent is $119,330 plus GST with CPI increases
- This will not be available for long
This is one of the most ideal family lifestyle properties that we have available with just over an acre of grounds and a spacious family home with secure yard and gardens.
The motel comprises of 19 units with three family rooms and a good mix of double and twin rooms. All units have been continually improved. There is an inground salt water pool, huge fully fenced and private yard, secure lockup garage and ample room on the property for children and pets to enjoy.
The residence is very large with three bedrooms, ensuite, full kitchen plus lounge and dining areas. The reception has a purpose-built office at the rear and there is easy access to the motel kitchen from the office and residence.
With ongoing upgrades to rooms and bathrooms over the past 18 months, this solid brick built motel is as good as you will find along the coastal locations and within an easy drive to Bundaberg.
This well priced motel investment with a hardworking family in as tenants that have maintained and improved the motel over a number of years offers a long term investment opportunity not to be missed.
Annual Rent: $119,330 plus GST
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2302MI (quote when enquiring)
Location: Childers is located 325 km north of Brisbane and is the centre of the Isis Region in Queensland. The town serves a regional population of approximately 8,500 people. The sugar cane industry features prominently in Childers and has sustained the town over the years. Fruit and vegetable cropping is common on the lands around town. As a key heritage town in Australia, tourism is a growing industry in Childers, with a number of the preserved historic buildings in town becoming tourist attractions.
Childers boasts 4 boutique wineries as well as the 'Off The Wagon' wine trail experience. It is home to Snakes Down Under Reptile Park and Flying High bird sanctuary. There are a number of different food offerings and is home to Queensland's famous homemade Mammino's Ice Creams. The recently reopened heritage listed Paragon Theatre houses an espresso bar, hosts movies, theatrical performances and events. A 30 minute drive away is the beautiful national park area of Woodgate Beach.
Property Code: 2892
Business Summary
Key Investment Insights
1. The property is a 19 room motel with a 3 bedroom residence, making it an ideal family lifestyle property.
2. The lease for the property is for 26 years, providing a long-term investment opportunity.
3. The building is solid brick and tile with a concrete driveway, ensuring durability and low maintenance costs.
4. The property sits on 1 acre of land, providing ample space for children and pets to enjoy.
5. The current rent for the property is $119,330 plus GST with CPI increases, making it a solid investment opportunity.
6. The property is located in a coastal location and is within an easy drive to Bundaberg, making it an attractive location for tourists.
7. The motel has been continually improved, with ongoing upgrades to rooms and bathrooms over the past 18 months.
8. The residence is very spacious with three bedrooms, ensuite, full kitchen, and lounge and dining areas.
9. The reception has a purpose-built office, providing easy access to the motel kitchen.
10. The current tenants are a hardworking family who have maintained and improved the motel over a number of years.
11. Childers is a key heritage town in Australia, making it a popular tourist destination.
12. The town has a growing tourism industry, with 4 boutique wineries, a reptile park, bird sanctuary, and various food offerings.
13. The recently reopened heritage listed Paragon Theatre offers a unique experience for visitors.
14. Woodgate Beach, a beautiful national park area, is only a 30-minute drive away.
15. The property is listed under the code 2302MI and is available for inspection through Mark Tuck from Tourism Brokers.
16. The property is also listed under the code 2892 and is located in the Isis Region of Queensland, serving a regional population of approximately 8,500 people.
17. The sugar cane industry is prominent in Childers and has sustained the town over the years.
18
