Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel
Arguably Brisbane's Best Freehold Motel

Arguably Brisbane's Best Freehold Motel

$4,250,000 FIRMSold

Offered to the market for the very first time since it's inception as a first class motel, The Brisbane International - Rocklea Motel is a very solid building, beautifully presented and one of the nicer motels in the greater Brisbane district. Projected to net $589,738 this financial year means this property despite the downturn and occupancies across Brisbane City is still trading very well and is priced to sell on the current income. The property has always been under management and would benefit from an owner occupier.

Key Features

  • Rare freehold motel sale in Brisbane 

  • Spacious/modern living accommodation 

  • $589, 738 net 

  • 54.5% occupancy (88% MTD June)
  • 2,719m2 of prime land 

  • Southside’s premier accommodation business 

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH004290
Property Type: Motel
Region: QLD - Brisbane
Suburb: Rocklea
Sale Type: Freehold Going Concern
Net Profit: $589,738 Projected
Price: $4,250,000 FIRM

Listing Agent(s)

Agent Feedback

Selling our Canberra property was a big step for us after 22 years. It was a complex ‘hybrid’ sale that involved management rights plus a large number of freehold units. It also hinged on gaining the agreement of many other individual owners to sell their units. Ian Crooks and Russell Rogers of Resort Brokers Australia handled what were lengthy negotiations with diligence, persistence and discretion. Their insight and knowledge of the market were invaluable in getting the deal across the line. At the same time, their patience and attentive service helped to smooth the whole process for us. Resort Brokers' expertise delivered a successful result for everyone involved.

- Jim Stanwell
Vendor,
Canberra Capital Executive Apartment Hotel

 I was very impressed with Ian's close involvement with the whole contract, due diligence and settlement phases, which can be quite problematic at times if not handled carefully. Their knowledge, understanding of the process and contacts within the Motel industry are enormous and I look forward to working with both of them again in the future.

- Richard Arbon ARBON PROPERTY GROUP PTY LTD
Managing Director,
Arbon Property Group

Our firm has dealt with Ian Crooks for 18 years.During that time we have been involved in the purchase of 33 Motels & Caravan Parks brokered by Resort Brokers.We have found the company to be diligent, able to source good properties, & commercially able to "Close a deal".

- Cos Schuh, Schuh Group
.,
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