On offer is this freehold investment of this property, which has had the same tenant for over 30 years. It is not reliant on tourism, weather or mining and there are no bathrooms to upgrade or driveways to re-bitumen.

Key Features

  • Business been operating for approx. 38 years
  • Strong, reliable well established business
  • 20 year lease in place
  • Optus have a 20 x 20 year lease for telecommunications tower
  • Optus income has 3% fixed increase yearly
  • 4bedroom caretakers home and office
  • Large open plan warehouse

NB: Property inspections are by appointment only

Key Details

Listing Ref: INV005237
Property Type: Special Projects
Region: QLD - Central
Suburb: Kensington
Sale Type: Freehold Passive Investment
Net Profit: $241,280
Price: $2,500,000

Listing Agent(s)

Agent Feedback

I, Glenn Clark, Managing Director of Walpuli Pty Ltd wish to acknowledge that Mr Len Booth of Resort Brokers, has acted on our behalf in the sale of 12 motels. Every time he has acted in a very professional manner. Walpuli Pty Ltd would always recommend Mr Len Booth to anyone thinking of buying or selling motels.

- Glenn K Clark
Managing Director,
Walpuri Pty Ltd