Key Investment Insights
AI generated. Confirm details with the seller.
Key Insights:
1. 18 unit motel located in a busy motel town in Southern Queensland with consistent trade and a long future ahead due to large energy projects in the area.
2. The motel is situated on a 1,971 m2 flat block that has been flood free, providing a secure and stable location for the business.
3. The property features attractive and low maintenance landscaped gardens, adding to the overall appeal of the motel.
4. A new 30-year lease is in place from February 2023, providing long-term stability for the business.
5. The rent for the property starts at $80,000 with CPI increases, resulting in a strong 8.4% ROI for potential buyers.
6. Full details of the business are available, making this a genuine opportunity that is likely to be sold quickly.
7. The town of Chinchilla is located 290 km west of Brisbane and services a population of over 5,800 residents. It boasts a high standard of education, recreation, retail, and professional services.
8. The property is listed as 1891MF and interested buyers can contact Tony Johnson or Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
9. The annual rent for the property is $80,000, providing a steady source of income for potential buyers.
10. This is a genuine opportunity that is likely to be sold quickly, so interested buyers should act fast.
