Key Investment Insights
AI generated. Confirm details with the seller.
1. The motel is a solid 4-star establishment, providing a high quality experience for guests.
2. The property was built in 2008, ensuring modern amenities and facilities for guests.
3. There are 16 spacious and well-appointed rooms, providing a comfortable stay for guests.
4. The motel also includes a three bedroom residence, providing living accommodations for the owners or managers.
5. The property includes a licensed restaurant, offering additional revenue opportunities for the business.
6. The location of the motel is conveniently within walking distance to the RSL and the town center, making it easily accessible for guests.
7. The property is also in close proximity to major infrastructure developments, providing potential for growth and increased business in the future.
8. The current rent is $89,562 with a CPI increase due in August 2015, providing a stable and predictable income for the new owner.
9. Oakey is a country town with a population of 4,000, located on the Darling Downs and only 140 km from Brisbane.
10. The Darling Downs is a rich agricultural area, providing potential for partnerships with local businesses and industries.
11. The property code for this listing is 1616.