Hotel/Leisure for Sale

104-108 Margaret Street BRISBANE, QLD 4000

Expressions of Interest
  • Building: 18-38m²

Contact the agent if you'd like further information.

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Hotel/Leisure for Sale in BRISBANE

INVESTOR FORCED TO LIQUIDATE - THEIR LOSS YOUR GAIN?

  • Building: 18-38m²

Long term owner is liquidating their investment portfolio at "UniLodge on Margaret" and this presents an excellent opportunity for the savvy investor. The portfolio consists of 8 units, 2 with highly valued CBD car parks, available for outright sale in 1 line or purchasable as single unit holdings.

Uni Lodge on Margaret offers market leading fully furnished student accommodation and is centrally located in the CBD close to University's, transport links and shopping precincts.

This is a unique and profitable holding that may well suit private investors, Self Managed Super Fund owners or yield seeking parties as well as an opportunity for education providers who may be seeking further customer/ faculty accommodation.

The newly renovated facilities at "UniLodge on Margaret" include an outdoor pool and BBQ area, a student lounge, and a fully equipped industrial kitchen. There is also a coin-operated laundry area, licensed cafe and convenience store on the premises.

This makes it a highly desirable accommodation centre & location for students and Semester 1 for 2018 is completely sold out.

Brisbane itself is poised for strong growth and investment in a high density inner city location could prove exceptionally profitable, with Australia's leading Demographer, Bernard Salt recently reporting that "Brisbane is on the brink of becoming a major international centre underpinned by booming population growth and a "network of cities''."

The 2017 population growth for Queensland outstripped all states in terms of net internal migration & Brisbane's growth will be driven by significant population upswing, immigration, and the rise of the knowledge economy and tertiary-educated workforce, according to the report.

Overview of Units for Sale:
UNITS: 2607, 2608, 2510, 2409, 2315, 2211, 1815, 910
4 X UNITS: 19sqm
2 X UNIT: 18sqm
1 x UNIT: 38sqm (with car park)
1 x UNIT: 25sqm (with car park)

2017 Approximate Potfolio Annualised Net Return: $102,000

This high yielding investment has historically outperformed median residential yields, significantly outperforming the average rental property in Brisbane.

Take advantage of the economies and maximise yield through the savings of owning all eight properties + the two carparks.

BUY IN 1 LINE OR SUBMIT YOUR INTEREST IN INDIVIDUAL UNITS.

Expression of Interest closing 3:00pm Wednesday, 11th April 2018

Contact Darren Cole (0447 002 455) for a confidential discussion or to request an Information Memorandum.

Building:

18 - 38m²

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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