Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare
Standout Motel on Major Brisbane Thoroughfare

Standout Motel on Major Brisbane Thoroughfare

$1,150,000 Exclusive

Annerley Motor Inn has been a long term stand out in the Brisbane motel market for some decades. Located on the busy arterial thoroughfare of Ipswich Rd, this AAA rated 3.5 star motel has 26 rooms of various configurations. The perfect opportunity that would suit first time purchaser or investor. Current staff are happy to stay on. The Annerley Motor Inn is perfectly suited between three main hospitals, Princess Alexandra Hospital, Mater Hospital and Greenslopes Private Hospital. Also benefits from passing traffic (1000's of cars daily) as the motel is on Ipswich Road and receives frequent travellers from Ipswich, Toowoomba, Warwick and Dalby. The motel has been freshly painted and decorated. It has a high occupancy as it only 6 kilometres to the city centre.

Key Features

  • 26 modern motel rooms of various configurations
  • Long lease in place with experienced landlords
  • $284,275k nett income (end April 30th, 2017)
  • Strong turnover and profit 

  • Can be run either under management with ample profit remaining 

  • Great onsite accommodation for management or owner occupier 

  • Occupancy is 76.01% (last 12 months) 


 NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004815
Property Type: Motel
Region: QLD - Brisbane
Suburb: Annerley
Sale Type: Leasehold
Net Profit: $284,275
Price: $1,150,000

Location

Listing Agent(s)

Agent Feedback

The recent sale of our large motel was tricky and stressful to say the least. Throughout the transaction Nathan guided both us as vendors and the buyers through the process with professionalism & composure. His friendly & outgoing manner ensured that all inspections were simple and relaxed everyone. His knowledge and ability under pressure ensured we made it to settlement day.  We would thoroughly recommend Resort Brokers and Nathan to anyone looking at selling their business.

- Melanie
Vendor,
Pegasus Motor Inn

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L