Bowen Arrow Motel – Annual Rent: $60,000 P.a Annual Cpi Increases

Bowen Arrow Motel
  • PRICE:
    749,000 AUD
  • ASSET ID:
    215380502
  • LOCATION:
    Australia - QLD

LOCATION DETAILS

Bowen QLD, Australia

PREFERRED TRADE

Cash or Trade

KEY FEATURES

AFFORDABLE INVESTMENT MOTEL IN
GROWTH AREA

  • Rare Affordable Passive Investment.
  • Excellent Superannuation opportunity.
  • 12 Room Motel with free standing two bedroom
    residence.
  • 2 acres of land.
  • 28 years on lease.
  • Good tenant.
  • Motel trading well.
  • Ongoing growth in the region with the major
    expansion of the coal export facility, Carmichael Coal Mine, natural gas
    pipeline, and new mining developments.

 

DESCRIPTION

This well presented 12-room motel on 2
acres of land, was refurbished in 2017/18 and is located in the prime location
at the top of the Whitsundays in North Queensland. Just 5 minutes drive from
Bowen CBD and benefiting from excellent exposure on the Bruce Highway.

Bowen is situated just 1 hour from
Airlie Beach, 2.5 hours from Townsville, and is halfway between Cairns and
Rockhampton.

The motel residence consists of a near
new modern two bedroom, bathroom and open plan kitchen, living and dining,
walking out onto a balcony from the main house. All of which is completely
separated from the motel with an entertaining barbecue breezeway area that
allows private and unrestricted access to both the commercial kitchen/laundry
and house.

There is a separate free-standing
office at the front of the property and a fully equipped kitchen and laundry
adjoin the motel.

The current tenant has been in place
for two years and the motel is trading very well. With massive growth in the
region with the major expansion of the coal export facility, Charmichael Coal
Mine, natural gas pipeline, and new mining developments. The area has a strong
future.

 

 

Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.

  • Bowen Arrow Motel

  • Bowen Arrow Motel

  • Bowen Arrow Motel

  • Bowen Arrow Motel

  • Bowen Arrow Motel

  • Bowen Arrow Motel

  • Bowen Arrow Motel

Agent

Richard George - Ph: 0414 737 339

Contact Agent