Freehold Going Concern with re-development potential OR profit uplift
The Boondall Motel is located on the busy Sandgate Road and is set on a 2,454sqm of freehold land with two street frontage offering substantial
re-development potential OR Profit uplift leasehold opportunity.
Fully managed passive freehold investment
Gross income p.a. $218,400 (Managed)
comprises 11 studio rooms, a manager's unit and a freestanding 4 bedroom 2 bathroom double story brick house
Ancillary improvements include an inground swimming pool, gazebo/ barbeque area, reception area and on-site car parking and coin laundry.
- 10 motel rooms, each with bathroom facilities
- 2,454sqm rectangular block
- 2 bedroom managers residence
- 1 standalone 4 bedroom/2 bathroom brick house
- Parking for 12+ vehicles
- Signage to busy Sandgate Road
- 2454 m2 LAND
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