Chinchilla, Queensland
INVESTMENT MOTEL 2 HOURS FROM TOOWOOMBA - 1891MI
SOLD
Business Description
- 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
Business Summary
Key Investment Insights
1. The motel is located in a busy and popular town in Southern Queensland, making it a desirable location for potential buyers.
2. The area is experiencing growth and development, with large energy projects in the area, ensuring a consistent flow of trade for the motel.
3. The property is situated on a large 1,971 m2 block of land that is flood-free, providing peace of mind for both the owner and guests.
4. The motel features attractive and low-maintenance landscaped gardens, adding to the overall appeal of the property.
5. A new 30-year lease is in place from February 2023, providing long-term stability and potential for growth for the new owner.
6. The annual rent of $80,000 with CPI increases offers a strong return on investment of 8.4%.
7. Full details of the property are available, making it a transparent and genuine opportunity for interested buyers.
8. Chinchilla is a growing town with a population of over 5,800 residents, providing a steady demand for accommodation services.
9. The town offers a high standard of education, recreation, retail, and professional services, making it an attractive place to live and visit.
10. The property is listed with Tourism Brokers, a reputable and experienced agency in the hospitality industry.
