Added 2 days ago
Motel 98, 98 Victoria Parade,
Rockhampton City, QLD 4700
Hotel, Motel & Leisure
Added 2 days ago
Price information
Sale - Auction Tue 18 Feb
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Zoning
Municipality
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$408,531
Number of Tenants
1 Tenant
Tenants / Type
Motel 98
Auction
Private inspections
to arrange a private inspection.
Commercial East Coast Investments - BRISBANE CITY
GPO. Box 1818BRISBANE CITY, QLD 4000
Motel 98, 98 Victoria Parade
Rockhampton City, QLD 4700
Map of Motel 98, 98 Victoria Parade
Train stations within 5 km of Motel 98, 98 Victoria Parade, Rockhampton City, QLD 4700 Distance Rockhampton 1.9 km POWERED BY HERE ©Bus stops within 5 km of Motel 98, 98 Victoria Parade, Rockhampton City, QLD 4700 Distance Fitzroy St Near East St 304 m Bolsover Street 451 m Denham St Near Bolsover St 526 m William St Near East St 724 m Murray St Near Cambridge St 916 m POWERED BY HERE ©
POWERED BY HERE ©
Prime Waterfront Motel Investment Secure 15 Year Lease + Options to 2050
- Zoning 12 Storey's (STCA)
- Landlord Friendly Net Lease
- High Profile 3,040 sqm site
Exclusive agents, Burgess Rawson and Commercial East Coast Investments , are delighted to offer to investors 'Motel 98' – a secure high profile investment with long term landlord friendly lease .
- Prime 3,040*sqm freehold site with High Rise Zoning to 12 storey's (STCA)
- Tenant pays all outgoings including maintenance and property upgrades to maintain a 4-star rating as per the lease
- Attractive annual CPI rent reviews
- Motel 98 is a 4-star motel with ‘a la carte’ restaurant & bar, in a prime waterfront location
- Long established, strong trading accommodation asset with over 91% occupancy
- Short stroll from the City’s East St. CBD and only 8 minutes’ drive to Rockhampton City airport
- Substantial on-site guest and visitor parking with rear street access
- Featuring 28 rooms set in a tropical garden oasis with resort style pool
- Popular ‘Skyrings’ restaurant and bar fronting the property
- Includes 3 Bedroom managers residence
- Motel 98 is one of Rockhampton’s most renowned and popular motels
- Rockhampton City: Regional capital of Central Queensland and widely regarded as the beef capital of Australia
- Net Income $408,531 p.a. + GST (incl. Land Tax)
FOR SALE VIA BURGESS RAWSON SYDNEY PORTFOLIO AUCTION
Commencing 10.30 am Tuesday 18 February 2025
Sydney Opera House
*Approximate
- Prime 3,040*sqm freehold site with High Rise Zoning to 12 storey's (STCA)
- Tenant pays all outgoings including maintenance and property upgrades to maintain a 4-star rating as per the lease
- Attractive annual CPI rent reviews
- Motel 98 is a 4-star motel with ‘a la carte’ restaurant & bar, in a prime waterfront location
- Long established, strong trading accommodation asset with over 91% occupancy
- Short stroll from the City’s East St. CBD and only 8 minutes’ drive to Rockhampton City airport
- Substantial on-site guest and visitor parking with rear street access
- Featuring 28 rooms set in a tropical garden oasis with resort style pool
- Popular ‘Skyrings’ restaurant and bar fronting the property
- Includes 3 Bedroom managers residence
- Motel 98 is one of Rockhampton’s most renowned and popular motels
- Rockhampton City: Regional capital of Central Queensland and widely regarded as the beef capital of Australia
- Net Income $408,531 p.a. + GST (incl. Land Tax)
FOR SALE VIA BURGESS RAWSON SYDNEY PORTFOLIO AUCTION
Commencing 10.30 am Tuesday 18 February 2025
Sydney Opera House
*Approximate
Property ID: 504449940Last Updated: 4 Jan 2025
Commercial East Coast Investments - BRISBANE CITYGPO. Box 1818
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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