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Sandcastles Motel , 1 Graham Colyer Drive Agnes Water, QLD 4677

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Sandcastles Motel , 1 Graham Colyer Drive,
Agnes Water, QLD 4677

Hotel & Leisure

Price information

Sale

$865,000

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Map of Sandcastles Motel , 1 Graham Colyer Drive

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Freehold Motel - Leased Investment - 9% Net Return

  • Leased Investment
  • DA approved to expand
  • Prime Superannuation Investment
Leased Investment
Lease is 10 years 1/3/2016 - 20/2/2026
Options 3 x 5 year options

Agnes Water - Central Queensland
The New take off point to the Southern Great Barrier Reef.
Boutique opportunity to buy a fully leased freehold motel.
Prime position within walking distance of town, beach and shops.
Located in the tourism strip with excellent corner exposure.
Adjoining Restaurant and multi complex resort facility.
Long Term lease in place providing a proven ROI over the long term.
Recent repaint of external skin of the building.

Currently Comprising
9 Ensuited motel rooms - 1 room is disabled
Boutique Conference / Meeting Room
Office leased to Local Tourism Organisation
3 bedroom 2 bathroom plus kitchenette residence on upper level

DA approved to Conference and office space to two ensuited motel rooms and a reception area
DA approval to convert upstairs office to managers residence
DA approval to add two more motel rooms

For a full IM call Gordon Christian and inspect today.

Additional information

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Property ID: 502433622Last Updated: 2 Feb 2020

0417 *** ***
Sandcastles Motel , 1 Graham Colyer Drive
Agnes Water, QLD 4677

Agency contacts

PRDnationwide - Agnes Water
PRDnationwide - Agnes Water
Shop 19 and 20, Endeavour Plaza
AGNES WATER, QLD 4677
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Gordon Christian

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Gordon Christian
PRDnationwide - Agnes Water
Sandcastles Motel , 1 Graham Colyer Drive Agnes Water, QLD 4677

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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