FANTASTIC CASHFLOW OPPORTUNITY, RARE INVESTMENT MOTEL WITH SOLID TENANT - 2818MI

INVESTMENT $2,450,000

Rare 27 ensuited motel rooms.
Recent refurbishments to 8 rooms enhancing room appeal.
Close to the centre of town and all amenities and has good visibility and easy access.
3,025m2 corner parcel held in four allotments.
Licensed restaurant with seating for 100, cocktail bar, commercial kitchen, conference room, swimming pool, undercover parking, patio area, separate courtyard with firepit and owner’s residence.
All outgoings are paid by the tenant refer to the lease.
Annual CPI reviews
5 x 5 year options available, indicating a lease expiry including options. (26 years remaining on the lease from 2023)
Solid lease and solid tenant
Presents well and provides drive-up accommodation suitable for all guests just walking distance from the Showgrounds and Bilby Experience. The motel encourages a community-feel with several entertaining areas including an outdoor pool and patio area in addition to a separate courtyard featuring a firepit in winter
The foundations have been set and the business continues to grow from strength to strength providing a solid base for the investment. We recommend a detailed investigation, and we are happy to meet you at the property where possible for an inspection
Large 30 kW solar system for sustainable operation assists with the business operational costs and power savings
Plenty of Tourism Drawcards and attractions in the area
Additional tourism facilities being created and enhanced in the area with a pro-active Council
One of the 'hubs' of Queensland
ROI 8.32%

Annual Rent: $203,880 plus GST

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

Property ID: 2818MI (quote when enquiring)

Price	INVESTMENT $2,450,000
Location	Charleville
Property ID	2818MI
Category	Motel

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If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

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