The property is being offered in one line under vacant possession. The site was formerly a 22 room motel that has been running as permanent lodging since the mid-2000s. The ex motel itself sits on 1821m2 of land with a street frontage to Logan Rd. Currently zoned Low Medium Density Residential (2 or 3 Storey Mix) Zone. The zoning provides for a variety of dwelling types, including dwelling houses and low to medium density multiple dwellings. Non-residential uses include community uses and small-scale services, facilities and infrastructure to support local residents. Further details on the property are outlined in the valuation report.

Key Features

  • Take advantage of the next development cycle
  • An independent valuation was recently undertaken by LMW.
  • Currently zoned Low Medium Density Residential
  • 1,821m2 of main arterial road land
  • Being sold under vacant possession ‘as is’.

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH005574
Property Type: Hotel
Region: QLD - Brisbane
Suburb: Mount Gravatt
Sale Type: Freehold Going Concern
Price: $1,450,000

Listing Agent(s)

Agent Feedback

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

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