Operated for 25 years
About this opportunity
All the Serenity of County living at its absolute best, freehold purchase of 6.5 Hectares with unbelievable opportunity for the astute investor. Located only 15 minutes from Townsville CBD this fully fenced property has a very large residence, sheds, plant and equipment to easily maintain the block. This purchase also includes a full functional 3.5 star that has been operating for over 25 years. The motel itself offers allsorts opportunity, continue as is owner operated, lease out or convert to full time rental units with only minimal renovation.
Why should you consider this opportunity?
- 5 Hectares
- 15 Minutes from the CBD
- Income Producing
- Very Well Established
- 5 Star AAA Rating Motel
- Fully Self-Contained Units
- Residential Development Opportunity
- City Side of the New Rocky Springs Development
- Motel Lease Opportunity
- Large Residence Lease Opportunity
- Excellent Property Asset Value
This great investment provides all sorts of opportunities from being a fantastic family lifestyle with some horses maybe, lease out the motel, operate it directly, or convert the motel and managers residence into permanent accommodation. Turn the block into a residential development for a massive return. It definitely has provision for income streams.
The City of Townsville is on the cusp of moving forward with $6.0B + in approved developments and projects citywide.
The suburb of Julago is the subject of much talk in Townsville, It is where the $1b Rocky Springs Development will take place and only 15kms South of the CBD. This property butts up to the Rocky Springs development site to the city side. The Town Planning classification for the block is consistent with future residential A and B. Infrastructure provisions have also been made.
The site provides excellent views and a valley aspect with a gentle sloping orientation. It provides for excellent drainage, is not subject to any flooding and the valley funnels the prevailing South Easterly breezes.
The seller is serious and committed to selling and listed this great opportunity accordingly for sale at $1,900,000 negotiable.