SOLDFHGC MOTEL IN THE HEART OF BRISBANE!The deal: A block of 17 units returning circa $252,433 PA on a parcel 1,888sq m of landThe Albion Manor motel and apartments comprises of a 3 1/2 star complex with 16 self-contained guest rooms split over two levels, a managers office, 2 bedroom self contained residence, reception and laundry. Additional facilities include an inground pool and barbecue area, plus undercroft parking for approximately 17 vehicles.A parcel of vacant land, separately titled, adjoins the motel property to the west, 776 m² in size and also and also designated “Low-Medium Density Residential Area LMR”.The site is gently sloping from street level, is near regular in shape and has frontage of 17.7 m to Sandgate Road.FOR SALEOffers are encouraged on the entire block of 17 units on a total of 1,888sq m of land or on 402 Sandgate Road or 400 Sandgate Road separately
Call: 0420680690