Rare Freehold apartment block being sold in one line. Eight apartments in this three-story building located right near the Portside entertainment precinct are being offered to the market. They have not been strata titled and have been used historically for short to medium term accommodation for the motel next door as well as some permanent tenancies at times. Zoned as Mdr Medium Density Residential on 810m2 of prime Hamilton land and with one carpark allocated per apartment. A full rental appraisal has been undertaken showing a projected gross rental return on a permanent letting basis and being sold under an Expressions of Interest Campaign.

Key Features

  • One x 2 bed/2 bath penthouse
  • Four 2 bed/2 bath standard
  • One 1bed/1bath with carpet flooring
  • One 1bed/1bath with floorboards 
  • One extra large studio family apartment
  • Expressions of Interest closing 5 pm, 1st March 2019

 NB: Property inspections are by appointment only

Key Details

Listing Ref: FH005658
Property Type: Special Projects
Region: QLD - Brisbane
Suburb: Hamilton
Sale Type: Freehold Going Concern
Price: Expressions Of Interest

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

We would like to thank Nathan and Resort Brokers for their excellent service and support during the purchase of our Management Rights. This is the second time we have dealt with Resort Brokers and again we have found them to be very professional in all our dealings. 

- Stuart & Mary McCaul
Buyer,
Henley Apartments

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