Address available on request,
Miles, QLD 4415
Hotel, Motel & Leisure
Key property information
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FREEHOLD INVESTMENT, LONG LEASE IN PLACE - 2023MI
Solid brick building with new 30 year lease in place.
Owner is motivated to sell the asset comprising of:
- 12 ground floor rooms of varying configurations.
- 3 bedroom residence.
- Low maintenance grounds and gardens, pool and barbeque area.
- New 39km solar system to save on power bills.
- Main road exposure in the centre of town.
- Rent currently at $70K pa with CPI increases.
- Many upgrades have occurred in the past 6 months to ensure the profitability of the business and to minimise expenses - full list is available on the property summary.
- New motivated tenant and secure long-term tenture.
Miles is in the middle of a strong agricultural area and the SW QLD gas fields. It is on the main arterial highway leading from Brisbane and caters for tradies and travellers of all kinds. It is a small friendly town approximately 2.5 hours from Toowoomba.
Bricks and mortar are a rock-solid investment. Call now for further information as the owner has said "Make me an offer!".
Annual Rent: $70,000 plus GST
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2023MF (quote when enquiring)
Property Code: 4422
Owner is motivated to sell the asset comprising of:
- 12 ground floor rooms of varying configurations.
- 3 bedroom residence.
- Low maintenance grounds and gardens, pool and barbeque area.
- New 39km solar system to save on power bills.
- Main road exposure in the centre of town.
- Rent currently at $70K pa with CPI increases.
- Many upgrades have occurred in the past 6 months to ensure the profitability of the business and to minimise expenses - full list is available on the property summary.
- New motivated tenant and secure long-term tenture.
Miles is in the middle of a strong agricultural area and the SW QLD gas fields. It is on the main arterial highway leading from Brisbane and caters for tradies and travellers of all kinds. It is a small friendly town approximately 2.5 hours from Toowoomba.
Bricks and mortar are a rock-solid investment. Call now for further information as the owner has said "Make me an offer!".
Annual Rent: $70,000 plus GST
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2023MF (quote when enquiring)
Property Code: 4422
Miles, 4415 demographic data
The median household income for Miles is $1,263, 16% lower than Regional Queensland's household income of $1,507. Miles has a younger age profile compared to the rest of Regional Queensland (median age 38 vs 41). Property ownership data shows 37% of property owners in Miles have a mortgage.
1,874
Population
$1,263 per week
Median household income
38 years
Median age
Renters
Most residents
Families
Most households
04333356...
Address available on request
Miles, QLD 4415
Tourism Brokers - NSW, QLD, VIC & TASCentralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
BEECROFT, NSW 2119
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