St George, Queensland
WELL PRESENTED FREEHOLD INVESTMENT MOTEL IN WESTERN QUEENSLAND FOR SALE!
SOLD
Business Description
As EXCLUSIVE Brokers, we are very proud to have been appointed to market the freehold investment of the Jacaranda Country Motel for sale.
The Motel is a high 4 star property located in the Western Town of St. George in Queensland.
It comprises 18 high quality rooms and a very large and well designed 3 bedroom residence with a private fenced yard. It also has full reverse cycle air conditioning and verandahs on 2 sides.
There has been some major recent upgrades done by both the Vendor and the Tenant and there is nothing more to spend on the Motel.
Current rent is $173,000 plus GST.
The Tenant pays all outgoings including Landlord Insurance and Land Tax.
A new Tenant has recently purchased the lease of the Motel with 14 years left to run.
This will offer a buyer upside once the Tenant settles and purchases extra lease options.
This is a standout investment of a high quality property.
Business Summary
Key Investment Insights
1. Exclusive brokers have been appointed to market the freehold investment of the Jacaranda Country Motel in St. George, Queensland.
2. The motel is a high 4-star property with 18 well-presented rooms and a large 3-bedroom residence with a private fenced yard.
3. The property has undergone recent upgrades by both the vendor and tenant, making it a turnkey investment opportunity.
4. The current rent is $173,000 plus GST, with the tenant responsible for all outgoings including landlord insurance and land tax.
5. A new tenant has recently purchased the lease of the motel with 14 years remaining, providing potential for upside once the tenant settles and purchases additional lease options.
6. This is a standout investment opportunity with a high-quality property in a desirable location.
7. The motel is located in the Western Town of St. George, a popular tourist destination in Queensland.
8. The property has full reverse cycle air conditioning and verandahs on two sides, providing comfort and convenience for guests.
9. The motel is in close proximity to local attractions and amenities, making it an attractive option for travelers.
10. With nothing more to spend on the motel, this investment offers a low-maintenance and hassle-free ownership experience.
11. The property is well-maintained and presents a modern and inviting atmosphere for guests.
12. The current tenant is responsible for all maintenance and upkeep of the property, providing a hands-off investment opportunity for the buyer.
13. The Jacaranda Country Motel has a strong reputation and loyal customer base, providing a stable and reliable income stream for the owner.
14. The Western Queensland region is experiencing growth and development, making this investment a promising opportunity for future appreciation.
15. With a new tenant in place and potential for upside, this investment offers a secure and profitable option for buyers looking for a high-quality freehold motel.
