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15 Greetham Street Sarina, QLD 4737

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15 Greetham Street,
Sarina, QLD 4737

Hotel & Leisure • Offices

Price information

Sale

$600,000

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.

Map of 15 Greetham Street

Directions
  • Train stations within 5 km of 15 Greetham Street, Sarina, QLD 4737Distance
    Sarina Station1.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 15 Greetham Street, Sarina, QLD 4737Distance
    Leslie St Near Swayne St (Hail N Ride)797 m
    Leslie St at Nolan Street950 m
    Anzac St at Hospital Street987 m
    Sarina Station1.3 km
    Broad St Near Johnston St1.3 km
    POWERED BY HERE ©
POWERED BY HERE ©

Accommodation Facility Set Amongst A Tranquil Bush Landscape - Gross full year 20 /21 returns in excess of 15%!

Currently operated as a nine room accommodation facility this recently renovated 100 year old 'Queenslander' is set amongst a beautiful bush landscape with views looking back over the Sarina Township and nearby coast.

Letting terms are variable but typically medium term.

The property is enjoying high occupancy levels and strong letting rates however there is still upside on these numbers as the regions economy continues to thrive.

Gross Returns for 10 month period to 30 April 2021 - $98,002.

This is an ideal property to self manage with minimal time and effort required or still extremely profitable as a passive investment via agent management.

Sarina is a thriving country town just south of Mackay servicing the coal ports of Hay Point and Dalrymple Bay, the Jilalan Rail facility and the local sugar industry.

Whilst operating successfully and very profitably in its current form, this property is well suited to a shift in operating format toward a tourism oriented B & B set up with minimum outlay required or conversion to a residential property in a tranquil setting close to all amenities.

For further information on this wonderful cash generating property and / or to arrange inspection contact Greg Smith today on 04130547....

Property ID: 503772310Last Updated: 16 Aug 2021

04130547...
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15 Greetham Street
Sarina, QLD 4737

Agency contacts

Gardian Real Estate - MACKAY
73 Wood Street
MACKAY, QLD 4740

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