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715 - 747 Main Street, Kangaroo Point, Qld 4169

715 - 747 Main Street, Kangaroo Point, Qld 4169

Hotel/Leisure

  • For Sale
  • $18,500,000
  • For Sale

  • Land Area
  • 3659.00 m² (approx)
  • Floor Area
  • 3,000 m²
  • Building
  • Whole
  • Last Updated
  • Jan 25, 2020

Interested in this property? Contact an Agent today

CBD Realty - Bundaberg

The WIN tower Cnr Quay & Barolin Streets

Bundaberg Central Qld 4670

Sharon Golding
David Radonich

Prime Blue-chip Inner Brisbane City Investment/Redevelopment Opportumity.

This prime blue-chip freehold investment which is currently leased to experienced accommodation industry operators is an exiting new addition to the freehold investment market.
The complex presents well with high exposure, and is located within close proximity of major sporting venues, central business areas, hospitals and public and transport services.
It has 92 well-furnished motel rooms / apartments with a mixture of 1 & 2 bedroom suites, with split air conditioning, a 3 bedroom house, secure on-site parking, secure floor access and a fully licensed restaurant.
The investment is being sold with a current term of lease until 2023, with huge future
development potential and motivated sellers.
All offers are invited.

LEASE DETAILS
Lease Expiry Date: 30/01/2023
Option Periods: nil
Gross Rent: Approximately $895,352 pa inclusive of outgoings
Outgoings: $174,377 pa
Net Rental: $720,975 pa

CONTACT INFORMATION
For further information, or to inspect the business, please do not hesitate to contact either
Laurence or David at the numbers listed below:
Laurence Crowley: 0466 723 511 or email: info@qcbbroker.com

715 - 747 Main Street, Kangaroo Point, Qld 4169

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