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PASSIVE INVESTMENT WITH DEVELOPMENT UPSIDE, WATERFRONT COASTAL LOCATION | Resort Brokers ID : INV008712
Offers over $3,400,000
Motel (Freehold) hospitality, BONGAREE QLD
ResortBrokers is delighted to bring to market the passive investment opportunity for the Bribie Waterways Motel in Bongaree. This 27-room motel, positioned on the waterfront of Pumicestone Passage, offers breathtaking views and easy access to beaches. With a long-term lease of 22 years remaining, it ensures stability for buyers. The motel features refurbished rooms, off-street parking, on a low maintenance block strategically located between Brisbane and the Sunshine Coast. This low-maintenance asset with solid rental returns is perfect for those seeking a quality investment in a desirable area with options.
- Trophy asset with pristine waterfront views on the Pumicestone Passage, offering easy access to beaches and local amenities
- Canal acess with Pontoon
- Well-presented 27-room motel asset
- Morton Bay Building Scheme shows 15-metre height for this site
- Long-term tenant in place with solid rental returns on a low-maintenance asset
- Strategically positioned between Brisbane and the Sunshine Coast in a coastal growth corridor, ensuring capital value growth for the long-term investor.
- Inspections are by appointment only
Date updated: 15 May 2025 11:08:33
More Information
- Total Purchase Price: Offers over $3,400,000
- Net Income: $ 0
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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Number of units the manager is authorised to manage.
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The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
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Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?