8 Chatsworth Road,
Gympie, QLD 4570

Hotel, Motel & Leisure • Development Sites & Land

Price information

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$565,000

Key property information

Land area

Car spaces

Tenure type

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Map of 8 Chatsworth Road

Directions

Existing Tenanted Investment or Future Development Site

Tenanted Investment
Large Scale Development Potential
Highway Frontage

Situated on approximately 4,242 square metres of land and encompassing 3 separate titles, 6-8 Chatsworth Road represents an outstanding investment opportunity.

8 Chatsworth Road comprises 2 titles and totals approximately 3,154 square metres of land. Currently operating as the Nationwide Motel, annual rental income from the Motel is approximately $70k plus outgoings plus GST.

6 Chatsworth Road comprises a three bedroom, one bathroom house on 1,088 square metres of land. Estimated rental income is approximately $200-220 per week.

With potential holding income of over $80k per annum, new owners may wish to purchase this site as a passive income generator or alternatively, receive the holding income whilst plans are drawn up for a redevelopment.