49 - 63 Elizabeth Street,
Urangan, QLD 4655

Hotel, Motel & Leisure

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Floor area

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Map of 49 - 63 Elizabeth Street

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KONDARI HOTEL

THE PUB PORTFOLIO YOU'VE BEEN WAITING FOR...

- Expansive 20 acre land holding incorporating a drive through BWS bottle shop, modern tavern with bistro dining, accommodation and public bar with beer garden
- Approved venue for 42 Gaming Machine Operating Authorities (currently operating 35)
- Six freehold titles, two of which are currently unimproved offering further development potential (STCA)
- 68 room accommodation resort hotel which is currently being operated under management

RENTAL INCOME: $873,394*
COMMENCEMENT DATE: 13/02/2006 (2016 Option Exercised)
INITIAL TERM: 10 years
REMAINING TENURE (INCL OPTIONS): 40.5* years
RENT REVIEWS: Annually to CPI with a minimum increase of 3% and maximum of 5%. Market review upon renewal
OUTGOINGS: All outgoings including State Land Tax are the responsibility of the Tenant
SITE AREA: 61,236sqm*

* approx.

Urangan, 4655 demographic data

The median household income for Urangan is $984, 35% lower than Regional Queensland's household income of $1,507. Urangan has an older age profile compared to the rest of Regional Queensland (median age 55 vs 41). Property ownership data shows 31% of property owners in Urangan have a mortgage.

10,988

Population

$984 per week

Median household income

55 years

Median age

Owners

Most residents

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Most households