Motel 98, 98 Victoria Parade, Rockhampton City, Qld 4700

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|Hotel/Ocio
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Publicado en: 26 10 2023
Ultima actualización en: 26 01 2025
Motel 98, 98 Victoria Parade, Rockhampton City, Qld 4700
Motel 98, 98 Victoria Parade, Rockhampton City, Qld 4700
Motel 98, 98 Victoria Parade, Rockhampton City, Qld 4700
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Motel 98, 98 Victoria Parade, Rockhampton City, Qld 4700
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Inmueble ID: 504449940
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Información clave de la propiedad

Dimensión del terreno
3.040,00 m2
Comentarios de estacionamiento
On-site parking
Zonificación
High Rise Residential
Superficie del piso
1.349,00 m2
Plazas de aparcamiento
28
Tipo de tenencia
tenanted

Exceptional CBD Motel Investment 15 Year Lease + Options to 2050

Motel 98, 98 Victoria Parade, Rockhampton City, Qld 4700
Burgess Rawson & Commercial East Coast Investments are pleased to offer to the market 98 Victoria Parade, Rockhampton QLD for sale via Portfolio Auction 174.

This opportunity has the following key investment highlights:

+ Fifteen (15) year net lease to September 2030
+ Four (4) further five (5) year options to September 2050
+ Motel 98: 'boutique' 4-star motel with a renowned reputation and prime waterfront location in Rockhampton’s commercial and entertainment precinct
+ Favourable annual CPI reviews with ratchet provisions, ensuring the rent cannot reduce
+ Tenant pays all usual outgoings excluding land tax
+ 1,349sqm* NLA freehold motel featuring 28 newly renovated bedrooms of various configurations, high-quality amenities, resort-style pool, adjoining managers residence and substantial on-site parking
+ Substantial 3,040sqm* landholding with favourable High Density Residential Zoning, offering future redevelopment opportunities of the site with development permissible up to 12 storeys (STCA)
+ Additional customer traffic provided by the exquisite ‘Skyring’ cocktail bar & restaurant, an established dining venue with a delightful blend of indoor and outdoor dining
+ Strategically located within proximity of Rockhampton’s major amenities including City Centre Plaza (320m*), Rockhampton Base Hospital (1.5km*) & Rockhampton Airport (3km*)
+ Rockhampton City: logistics hub of central Queensland known for its diverse economy underpinned by resource and agricultural industries with a population forecast to exceed 98,000 by 2041
+ Net Income: $408,531 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 18 February 2025
Yallamundi Rooms - Sydney Opera House

Please contact the exclusively appointed Burgess Rawson & Commercial East Coast Investments team for more information.

*Approx.

Detalles de Inmueble

Información básica

Tipo de Inmueble
Hotel/Ocio
Estado del listado
On Market
Plazas de aparcamiento
28
Dimensión del terreno
3.040,00 m2
Dirección
Motel 98, 98 Victoria Parade, Rockhampton City, Qld 4700
Neville Smith
Ground Floor, 61-73 Sturt Street, Townsville City, Qld 4810
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Listing property price AUD 1,000

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Contacta al agente

Burgess Rawson Townsville - TOWNSVILLE CITY

Ground Floor, 61-73 Sturt Street, Townsville-City, Qld

Neville Smith
Neville Smith

Commercial East Coast Investments - BRISBANE CITY

GPO. Box 1818, Brisbane-City, Qld

Glenn Conridge
Glenn Conridge
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Inmueble ID: 504449940

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