Nanango, Queensland

INVESTMENT $1,150,000

Property Description

1916MI - INVESTMENT OPPORTUNITY – CBD LOCATION B&B INVESTMENT MOTEL

- 12 units in the heart of town.

- Adjoins main club and opposite Council Chambers, this offers an outstanding convenient location for guests.

- Compact location - easy to operate for tenants / operators.

- Strong trading history and repeat trade.

- Under 2 hours to coast and Brisbane.

- Ideal long-term investment.

- Comfortable 2 bedroom unit adjoining reception area at the front of the property.

- Easy Maintenance - No pool.

Recent review on Trip Advisor: Spotless room, beautifully made up. Very helpful and friendly manager. I will stay here every time I travel through and highly recommend this motel. Close to everything in town but still very quiet and comfortable.

Annual Rent: $86,461 plus GST

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1916MI (quote when enquiring)


Location: Nanango is the second-largest town in the South Burnett (as well as the 4th oldest town in Queensland) and has a population of around 4,500 residents. It is a moderately large country town and has a very friendly and informal atmosphere. The CBD features impressive chainsaw sculptures and murals which reflect the town's historical connections with timber-felling, farming and mining. The CBD area has convenience and food stores, a supermarket, restaurants and petrol outlets. Two cellar doors are also located within a few blocks of the centre of town.

Major annual events include the international Criterium Bike Race (held in Nanango's CBD in February); the Nanango Show (held at the Nanango Showgrounds in April); the Nanango Arts Festival (week in June; the Nanango Country Music Muster (held at the Showgrounds in September; the week-long Pioneer Festival (October) and the Christmas Carnival (December).

Property Code: 3699

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent

Michael Philpott

Marketing Agency

Tourism Brokers

Michael Philpott
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Nanango, Queensland 4615 Exact map location not provided

Similar Properties

ROMA
Huge 11% ROI Passive Investment Motel |...

Under Contract / Offer
Net Income: $111,397
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

ResortBrokers
Freehold Investment Motel with commanding views of Warwick - 1P45062M
Exclusive

WARWICK
Freehold Investment Motel with commanding...

FH Inv. $1,100,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers
Freehold Hotel - Country Charm with Separate House and Land - 1P3830
Exclusive

TIARO
Freehold Hotel - Country Charm with Sepa...

FHGC $1,100,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

WARWICK
First Class Freehold Motel Business winning...

FHGC $1,195,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

WARWICK
2481MF - Warwick Freehold Beauty

Freehold $1,250,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers