, Brisbane QLD

For Sale

Accommodation/Tourism

$1,200,000

This Brisbane leasehold motel is ideally situated on the main highway in the northern suberb of Chermside, in close proximity to one of Brisbane's largest Shopping Centres, and hospitals, and only 8km from the city centre. The motel consists of 22 fully equipped bedsitter style motel rooms spread over 2 levels, a 3 bedroom managers residence, kitchen for breakfast preparation, and a well equipped laundry. Occupancy rates for the motel are consistantly good. The lease agreement has approximately 27 years remaining, providing ongoing security of tenure to the incoming buyer.Great Lifestyle opportunity, geat location, and an attractive net return. Contact: David Radonich on 07-41544178 for more details or see: http://www.cbdrealty.com.au/2383/Chermside-Motor-Inn