PRD Agnes Water Shop 20, Endeavour Plaza Cnr Captain Cook Drive & Roundhill Road Agnes Water, QLD, 4677 07 4974 9470
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1 Graham Colyer Drive
agnes water
QLD, 4677

SOLD

Sold for $780,000

listing parking 12
Land: 1269 sqm Property: 1000 sqm

SOLD BY GORDON CHRISTIAN $780,000

Freehold Motel - Leased Investment - 9% Net Return
Leased Investment
Lease is 10 years 1/3/2016 - 20/2/2026
Options 3 x 5 year options

Agnes Water - Central Queensland
The New take off point to the Southern Great Barrier Reef.
Boutique opportunity to buy a fully leased freehold motel.
Prime position within walking distance of town, beach and shops.
Located in the tourism strip with excellent corner exposure.
Adjoining Restaurant and multi complex resort facility.
Long Term lease in place providing a proven ROI over the long term.
Recent repaint of external skin of the building.

Currently Comprising
9 Ensuited motel rooms - 1 room is disabled
Boutique Conference / Meeting Room
Office leased to Local Tourism Organisation
3 bedroom 2 bathroom plus kitchenette residence on upper level

DA approved to Conference and office space to two ensuited motel rooms and a reception area
DA approval to convert upstairs office to managers residence
DA approval to add two more motel rooms

For a full IM call Gordon Christian and inspect today.

Agents

Nearby Schools

About agnes water

median house price

745000

suburb growth

0.7%

median house rent

640

suburb rental yield

4.5%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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