Bowen Arrow Motel - Annual Rent: $60,000 P.a Annual Cpi Increases

KEY FEATURES

AFFORDABLE INVESTMENT MOTEL IN
GROWTH AREA

• Rare Affordable Passive Investment.
• Excellent Superannuation opportunity.
• 12 Room Motel with free standing two bedroom residence.
• 2 acres of land.
• 28 years on lease.
• Good tenant.
• Motel trading well.
• Ongoing growth in the region with the major expansion of the coal export facility, Carmichael Coal Mine, natural gas pipeline, and new mining developments.

TRADE FOR

FULL DESCRIPTION

This well presented 12-room motel on 2 acres of land, was refurbished in 2017/18 and is located in the prime location at the top of the Whitsundays in North Queensland. Just 5 minutes drive from Bowen CBD and benefitting from excellent exposure on the Bruce Highway.

Bowen is situated just 1 hour from Airlie Beach, 2.5 hours from Townsville, and is halfway between Cairns and Rockhampton.

The motel residence consists of a near new modern two bedroom, bathroom and open plan kitchen, living and dining, walking out onto a balcony from the main house. All of which is completely separated from the motel with an entertaining barbeque breezeway area that allows private and unrestricted access to both the commercial kitchen/laundry and house.

There is a separate free-standing office at the front of the property and a fully equipped kitchen and laundry adjoin the motel.

The current tenant has been in place for two years and the motel is trading very well. With massive growth in the region with the major expansion of the coal export facility, Charmichael Coal Mine, natural gas pipeline, and new mining developments. The area has a strong future.