Hotel HQ, 21 Kingston Road,
Underwood, QLD 4119

Hotel, Motel & Leisure • Shops & Retail • Other

Key property information

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Floor area

Car spaces

Property extent

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Sold on

Map of Hotel HQ, 21 Kingston Road

Directions

"QUENCH YOUR INVESTMENT THIRST" - UNDER ASSESSMENT

HOTEL INVESTMENT
SECURE 20 YEAR LEASE PLUS OPTIONS
PARKING FOR 105 CARS

Hotel investment leased to subsidiary of Wesfarmers Limited with secure 20 YEAR LEASE plus options**

•Freestanding Tavern and Liquorland plus 2 shops
•Lettable Area: 2,096sqm*
•Site Area: 8,422sqm*
•Total Net Rental: $1,304,520*pa
•40 gaming licences revert back to the owner of the freehold upon expiry of the Liquorland lease

*approx
**original term

FOR SALE BY EXPRESSION OF INTEREST CLOSING THURSDAY 24TH JULY 2014 AT 4PM

Underwood, 4119 demographic data

The median household income for Underwood is $1,992, 8% higher than Greater Brisbane's household income of $1,849. Underwood has a younger age profile compared to the rest of Greater Brisbane (median age 34 vs 36). Property ownership data shows 67% of property owners in Underwood have a mortgage.

6,809

Population

$1,992 per week

Median household income

34 years

Median age

Owners

Most residents

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Most households