Oakey, Queensland
2209MI - Quality 4 star Freehold Investment Motel
SOLD
Business Description
- Solid 4 Star Motel
- Built in 2008
- 16 spacious well-appointed rooms
- Three bedroom residence
- Licensed Restaurant
Excellent opportunity to secure this quuality 4 star investment motel only 2 hours from Brisbane. The Motel is conveniently located within walking distance to the RSL and the centre of town, within close proximity to benefit from major infrastructure over the next 5 years.
Call me now to book your inspection, you won't be disappointed.
Rent: $89,562 with CPI increase due 31st August 2015
Contact Debbie Nicholson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2209MI (quote when enquiring)
Location: Oakey Qld
Oakey is a country town of some 4,000 residents on the Darling Downs, just west of the inland city of Toowoomba, and only 140 km west of Brisbane, Qld. It is conveniently situated only 15 minutes from the Brisbane West Wellcamp Airport, development of the Toowoomba bypass and contruction of the Charlton Industrial / Transport precinct.
The Darling Downs is a rich agricultural area, producing grain, cotton, oilseeds, and other crops. Intensive cattle feedlots and grasslands supply two meat processors - Oakey Abattoir and Beef City. Grain merchants, stockfeed manufacturers and agricultural machinery manufacturers are well established in the region, as is the transport industry.
Property Code: 1616
Business Summary
Key Investment Insights
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.