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Ascot QLD 4007
Sold on 21 Nov 2019

Ascot QLD 4007

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold, $315,000

GREAT STARTER MOTEL LEASEHOLD IN BRISBANE SHOWING 39% RETURN!

We are pleased to have been appointed as Exclusive Brokers to market the leasehold interest of the Airway Motel.

Airway Motel located in Ascot, very close Eagle Farm and Doomben Racecourses, and Ascot Village. Other sporting venues close such as Royal Queensland and Nudgee Golf Courses or for rugby and cricket fans the Suncorp Stadium and The Gabba are a short drive.

The Airway Motel is patronized by families and people wanting to attend the many events held in nearby sporting facilities.

The Motel is within the Brisbane Airport Precinct and as such a good place to stay before flying or cruising.

The Motel consists of two buildings constructed of Brick Block. It boasts 21 rooms with most car parking undercover. There are many configurations of room to accommodate families, couples and individuals. They serve breakfast and are informative about the local restaurants in the area for other meals.

The Business has averaged adjusted Nett Profit of $132,000 over the last 3 years and is priced to sell at the asking price of $335,000.

AquaTerra Brokers
AquaTerra Brokers
147 Loader Street
Quirindi, NSW 2343

Property Highlights

Date Sold21 Nov 2019
Sold Price$315,000
Floor Area1 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015428301
Category
Last updated  21 Nov 2019
Map for Ascot QLD 4007
AquaTerra Brokers
AquaTerra Brokers
147 Loader Street
Quirindi, NSW 2343

Property Highlights

Date Sold21 Nov 2019
Sold Price$315,000
Floor Area1 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015428301
Category
Last updated  21 Nov 2019

Listed by

AquaTerra Brokers
Call
0466673222

More about Ascot QLD 4007

Ascot QLD 4007 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m². The listing ID for this property is 2015428301.

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