21 Ingham Road,
West End, QLD 4810
Hotel, Motel & Leisure • Other
Price information
Sold
$1,400,000
Key property information
Land area
Floor area
Property extent
Zoning
Tenure type
Sold on
Map of 21 Ingham Road
The Midtown Motel - New 10 year lease in place
- New 10 Year lease Expiring 31 Aug 2025
- Current Return - $140,000 pa net
- 21 Motel Rooms plus 2 Bedroom Residence
Colliers International are pleased to offer to the market 21 Ingham Road, West End better known as “The Midtown Motel”. Situated on Townsville’s CBD fringe the property comprises of 21 motel rooms with dedicated amenities to each room, function room and kitchen facilities (no equipment currently) along with a 2 bedroom second storey manager’s apartment overlooking the complex.
Recently undergoing a quality makeover and being restored to accommodate short to medium term occupants. With 24 at grade on site car parks and access via Morris Street this asset is underpinned with a long term rental income with the potential for future development upside due to its CBD bookend location.
Additional information relating to the offering can be made available upon request by contacting:
NEVILLE SMITH or JAMES PASCOE
0438 765 087 or 0411 296 070
Recently undergoing a quality makeover and being restored to accommodate short to medium term occupants. With 24 at grade on site car parks and access via Morris Street this asset is underpinned with a long term rental income with the potential for future development upside due to its CBD bookend location.
Additional information relating to the offering can be made available upon request by contacting:
NEVILLE SMITH or JAMES PASCOE
0438 765 087 or 0411 296 070
Property ID: 501864350Last Updated: 25 May 2016
07 4722 24...
21 Ingham Road
West End, QLD 4810
Colliers - TownsvilleLevel 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
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