Location View more

SOLD

116 Johnson Road, Hillcrest, QLD 4118

A BLOCK OF 24 UNITS WITH ENORMOUS INCOME ON 2,400SQ M OF LAND

The Johnson road motel comprises of a 4 star complex with 24 self-contained guestrooms split over two levels, a managers office, 2 bedroom self contained residence, reception and laundry. Additional facilities include a fully equipped conference room, barbecue area, fully equipped restaurant & bar plus parking for approximately 30 vehicles. Major north and south bound freeways, buses to the Brisbane CBD and Grand Plaza Shopping Centre, with 170 specialty shops for your convenience, are all only a minutes drive away.

This modern and very stylish motel is very low maintenance and offers fantastic facilities. Johnson road Motel is 4 years old, requires no money being spent and still offers great depreciation.

* Large reception area
* CCTV throughout
* Managers apartment and separate living with large balcony
* Land size 2400m2
* 24 rooms (including 2 spa suites, 4 family rooms and King Size rooms)
* On-site carparking for all rooms + extras for guests
* Conference room with projector
* Fully equipped Restaurant & Bar
* Fully equipped commercial kitchen

This is an ideal opportunity for an owner operator or an astute investor who wishes to lease the site.