SOLD
400-402 Sandgate Road, Albion, QLD 4010
THE DEAL FHGC: A BLOCK OF 17 UNITS RETURNING HUGE NET PROFIT PA ON A PARCEL 1,888SQ M OF LAND
FHGC MOTEL IN THE HEART OF BRISBANE!
The deal: A block of 17 units returning circa $252,433 PA on a parcel 1,888sq m of land
The Albion Manor motel and apartments comprises of a 3 1/2 star complex with 16 self-contained guest rooms split over two levels, a managers office, 2 bedroom self contained residence, reception and laundry. Additional facilities include an inground pool and barbecue area, plus undercroft parking for approximately 17 vehicles.
A parcel of vacant land, separately titled, adjoins the motel property to the west, 776 m² in size and also and also designated “Low-Medium Density Residential Area LMR”.
The site is gently sloping from street level, is near regular in shape and has frontage of 17.7 m to Sandgate Road.
FOR SALE
Offers are encouraged on the entire block of 17 units on a total of 1,888sq m of land or on 402 Sandgate Road or 400 Sandgate Road separately
The deal: A block of 17 units returning circa $252,433 PA on a parcel 1,888sq m of land
The Albion Manor motel and apartments comprises of a 3 1/2 star complex with 16 self-contained guest rooms split over two levels, a managers office, 2 bedroom self contained residence, reception and laundry. Additional facilities include an inground pool and barbecue area, plus undercroft parking for approximately 17 vehicles.
A parcel of vacant land, separately titled, adjoins the motel property to the west, 776 m² in size and also and also designated “Low-Medium Density Residential Area LMR”.
The site is gently sloping from street level, is near regular in shape and has frontage of 17.7 m to Sandgate Road.
FOR SALE
Offers are encouraged on the entire block of 17 units on a total of 1,888sq m of land or on 402 Sandgate Road or 400 Sandgate Road separately
Property Info
Municipality
Albion
Oxbridge Milton
1/16 McDougall Street
Milton, QLD 4064
Tel: +611300680690
Email Us
NEARBY PROPERTIES
Oxbridge Agents
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