For Sale | Hotel/Leisure, Mixed Use | 65 Turbot Street, Brisbane QLD 4000 | Offers Invited

UNIQUE CBD HOTEL FREEHOLD

  • 2 Car
  • 359 sqm Land Area
* 58 room hotel accommodation + restaurant
* Lease 10 years plus 5+5+5+5+5 options
* Commenced 01/04/2015
* 3% annually & market review at options
* 359 sqm site with 2 secure car spaces
* Yearly Rent: $494,967 net pa

Building:
Homely & stylish four star “City Edge Brisbane” features everything for your relaxing and comfortable stay, whether you are on holiday or work travel. The building consists of 58 hotel rooms comprising double, twin, family & superior rooms. Each room has its own bathroom and fitted with modern furniture and mini fridge. Large restaurant with commercial kitchen when functional will be providing breakfast, lunch and diner for guests.

Location:
The Hotel is located in the heart of Brisbane CBD. Just a 3-minute walk to Queen Street Mall, Treasury Casino and Roma Street Transit Centre.
South Bank Parklands and Beach, Suncorp Stadium and Fortitude Valley are all 15 minutes’ walk each from City Edge Brisbane.
It is opposite the new Brisbane’s court precinct and only a stones throw away from the proposed $2 Billion ‘Brisbane Live’ Entertaining Arena Precinct.

This is an excellent opportunity for an investor to own this unique CBD hotel as a long term investment and enjoy attractive rental income from an experienced operator..

A rare opportunity not to be missed!

Property Type Hotel/Leisure, Mixed Use
Property ID 41022111429
Street Address 65 Turbot Street
Suburb Brisbane
Postcode 4000
Price Offers Invited

Open for Inspection
By Appointment

First National Real Estate Metro

Hiep Nguyen

Agent Details
Hiep Nguyen
07 3840 5925
0414 311 262