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Motel Freehold For Sale

Gympie, 8 Chatsworth Road

Sold for $565,000

Sold
Sold
Listing Number: QNA2494
About this listing

SOLD - This listing was sold in December 2017.

Situated on approximately 4,242 square metres of land and encompassing 3 separate titles, 6-8 Chatsworth Road represents an outstanding investment opportunity.

8 Chatsworth Road comprises 2 titles and totals approximately 3,154 square metres of land. Currently operating as the Nationwide Motel, annual rental income from the Motel is approximately $70k plus outgoings plus GST.

6 Chatsworth Road comprises a three bedroom, one bathroom house on 1,088 square metres of land. Estimated rental income is approximately $200-220 per week.

With potential holding income of over $80k per annum, new owners may wish to purchase this site as a passive income generator or alternatively, receive the holding income whilst plans are drawn up for a redevelopment.
Property Information
  • Tenure: Leasehold Details (Leasehold)
  • Parking: Carparks: 25
  • Property Type: Tourism / Motel / Hotel, Tenanted Investment

Contact Details

Level 1, 23 Sunshine Beach Rd
Noosa Heads

Property Location

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