A great opportunity to acquire the leasehold interest to a high quality, well-presented serviced apartment hotel, located in one of Brisbane’s strongest growth areas.

Key Features

  • Modern, 4.5* rated serviced apartment hotel consisting of 28 apartments (54 keys)
  • Mix of studios, 1 bedroom and 2 bedroom apartments
  • Very well-maintained property – rooms recently recarpeted and repainted.
  • Located just off Gympie Road, directly adjacent to Westfield Chermside
  • Easy access to Brisbane CBD, airports, North Brisbane Sunshine Coast growth corridor.
  • Solid and varied corporate client base – industrial, health, airport, government, projects, corporate HQs.
  • Lengthy tenure – 5.5 + 5 + 5 + 5 + lease – 20.5 years remaining
  • No requirement to live on-site or purchase real estate
  • An inspection will impress – call Liz Galea on 0427 218 353 for more information

  

NB: Property inspections are by appointment only 

Key Details

Listing Ref: LH005251
Property Type: Apartment Hotels
Region: QLD - Brisbane
Suburb: Chermside
Sale Type: Leasehold
Net Profit: $228,690 Projected
Price: $1,130,000

Location

Listing Agent(s)

Agent Feedback

We would like to thank Liz Galea for all her assistance in the recent sale of our motel. Her professionalism and attention to detail all made for a relatively smooth sale. We will definitely be recommending Resort Brokers Australia and Liz Galea to anyone contemplating buying or selling an accommodation related property.

- Steve and Jan Woodier
Vendor,
Comfort Inn Coach and Bushmans

We contacted Liz Galea after completing the purchase of a motel freehold in country Victoria. We had improved several parts of the motel and we were looking to sell a long lease. After our initial discussion Liz went to work on providing a valuation and we had further discussions. The price advised was substantially higher than our expectations. After commencing marketing we had two inspections. The second inspection went well and we as vendors took the opportunity to sit and talk with these prospective purchasers. We knew that they would be perfect, through Liz, we negotiated an agreeable which exceeded our initial expectations. Liz worked with both parties to keep the deal moving. For us it was about putting the right people in our motel.  Liz made that happen, we are very grateful for a job well done!

- Alan & Brenda Johnson
Vendor,
Mountain View Motel

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