Gladstone's finest - Earn a huge 60% return on this leasehold

The leasehold interest of arguably Gladstone's finest accommodation property. A purchaser can buy this, pay it off within two years and earn profit for the remaining.

  • Immaculate property - No money to spend.
  • In the best location available in the city being a only a few minutes walk to the CBD, and a short walk to the Marina and Heron Island Ferry Terminal.
  • 32 x four star units that have recently been refurbished throughout to brand new condition.
  • Great variety of room configurations - Executive queen, executive twin, family rooms, spa rooms and two bedroom self contained apartment.
  • Lots of upside as the demand in Gladstone grows back.
  • Fantastic large two bedroom manager’s residence.
  • 16.5 years remaining on the lease.
Listing Ref LH003234
Property Type Motel
Sale Type Leasehold
State QLD
Region Central
Suburb GLADSTONE CENTRAL
Net Profit $336,742
Price $600,000 + SAV
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Trudy Crooks

Interested? Why not give Trudy Crooks a call on 0477 882 210 or

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Ian Crooks
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