Collinsville, Queensland
OWNER WANTS IT SOLD SO THEY CAN RETIRE - 2831MF
FREEHOLD $1,500,000
Business Description
Freehold, fully furnished self-contained ground level apartments with tremendous upside and a constantly high net profit.
Single storey multi residential complex. Two buildings separated by central driveway. Constructed from rendered masonry brick with Colorbond roofing. 9 apartments comprising 5 one-bedroom units and 4 two- bedrooms. Each apartment has an attached single car accommodation (carport x 6 / lock up garage x 3).
Will be the centre of a $20 billion renewable energy and ammonia/hydrogen project worth billions led by Korea Zinc’s Ark Energy in Townsville. Creation of over 6800 jobs during the construction phase and over 600 permanent jobs for the local region once operational. Investment of over $7.5 billion Supports Queensland's goal of 70% renewable energy by 2032. A reduction in greenhouse gas emissions
Centrally located and opposite the post office, each apartment features a fully equipped kitchen and laundry, spacious living areas, ensuite with shower, microwave, double bed, cable television, video/DVD, air-conditioning, ceiling fan and iron/ironing board.
Guests are able to enjoy a barbecue facility and undercover parking.
Operating for approximately 15 years with the same owner who built and developed the accommodation property.
Accommodation is rented on a nightly, weekly or longer term if required.
Business is operated remotely and currently overseen with the cleaning and maintenance by an associate that resides near the property and will happily carry on this service with new owners.
Business would benefit from a strong owner-operator to drive the numbers and reap the benefits of this outstanding opportunity.
Area has a lot to offer and the owner will benefit in the longer term from:
- The units being built to strata title.
- A centrally located and well known complex close to all amenities.
- No need to reside on site onsite, current owner resides in Brisbane.
- Established and refined operations are all in place with staff for cleaning and maintenance.
- Consistent rental market with corporate workers.
Net Profit: $119,128 for 2021/22 expected to boom
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2831MF (quote when enquiring)
Property Code: 4945
Business Summary
Key Investment Insights
1. Freehold, fully furnished self-contained ground level apartments
2. Tremendous upside potential
3. Constantly high net profit
4. Single storey multi residential complex
5. Two separate buildings with central driveway
6. Constructed from rendered masonry brick with Colorbond roofing
7. 9 apartments with attached car accommodation
8. Located in the center of a $20 billion renewable energy and ammonia/hydrogen project
9. Creation of over 6800 jobs during construction and 600 permanent jobs once operational
10. Investment of over $7.5 billion
11. Supports Queensland's goal of 70% renewable energy by 2032
12. Reduction in greenhouse gas emissions
13. Centrally located and opposite the post office
14. Fully equipped kitchens and laundry in each apartment
15. Spacious living areas and ensuite with shower
16. Cable television, video/DVD, air-conditioning, ceiling fan and iron/ironing board in each apartment
17. Barbecue facility and undercover parking for guests
18. Operating for approximately 15 years with the same owner
19. Accommodation rented on a nightly, weekly or longer term basis
20. Business operated remotely with cleaning and maintenance overseen by an associate
21. Opportunity for a strong owner-operator to drive numbers and reap benefits
22. Units to be built to strata title in the longer term
23. Centrally located and well known complex close to all amenities
24. No need for owner to reside on site, current owner resides in Brisbane
25. Established and refined operations with staff for cleaning and maintenance
26. Consistent rental market with corporate workers
27. Net profit of $119,128 for 2021/22 with expected growth
28. Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection
29. Property ID: 2831MF (quote when enquiring)
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