Location:

45 & 47 , Hawkins Street, Miles, QLD

Price:

Price on Application

Enquire Now

High Yielding Investment Opportunity

Type: FOR SALE

Property Features
  • Category : Hotel/Leisure
  • Land Area:8657 Square Metres
  • Building Area: 8657
  • Tenancy: Vacant

Property Description
Surat Basin Short Term workers accommodation.

With the influx of workers and projects into Miles and the soon to be completed upgrade of the Miles Airport, this opportunity is about to take flight. If you are looking for a 'cash cow' then this investment is for you.

The investment features:
- Newly completed accommodation villas in central MILES
- 41 NEW villas, individually set on our landscaped grounds
- To expand to 49 villas housing 54 single rooms
- Managers Residence with office canteen and amenities
- Catering services and house keeping services provided
- Good occupancy since conception
- Estimated net income $2 million plus (based on projected occupancy)
- Great depreciation and development upside

For Sale by Private Treaty + POA.

This facility is operating at very good occupancy. With room and approval for expansion, well located opportunities offering outstanding low risk returns are rarely available.

Call agent Justin Clarke for more information.
Property Agent

Advert Id:1824

Name:Justin Clarke

Phone: 0419 7****

McGees Property - Brisbane logo
Enquiry Form
Ask About this Property

Security Code : 2 + 1

Code is answer of the small calculation:

Verification Code *

Please fill the form below to Register.

Once you register as a Buyer you will be able to access all the phone details and many more features