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Motels for Sale in Chermside, QLD

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CHERMSIDE, QLD
Expressions on Interest
Ras360 Property Solutions is pleased to present an exceptional leasehold motel opportunity in the tightly held northern Brisbane suburb. Positioned just 10km from the Brisbane CBD and within close proximity to major hospitals, Westfield Chermside and key transport infrastructure, this well-located accommodation asset offers a highly defensive and proven income model that has been successfully operated for the past 67 years.Investment Highlights:Adjusted Net Profit: ~$591,000Reported Net Profit: ~$456,000Add-Back Adjustments: ~$135,000 identified and normalisedExpressions of Interest Campaign All Reasonable Offers ConsideredA True Cashflow Asset:This business has been strategically positioned to service predominantly government-funded agencies providing accommodation for social housing requirements. The result is a highly stable, repeatable and low-risk income stream underpinned by:Long-term and medium-term stays (730+ days)Streamlined debtor managementReduced operational intensity (lower cleaning frequency)Consistent occupancy driven by essential housing demandThe operation is currently run 100% under management, delivering strong returns with minimal owner involvement. Combined with a low service model, this presents a rare opportunity for investors seeking passive income or operators looking to optimise further.Property & Operational Overview:Strata titled motel with low maintenance garden areas (supported by body corporate gardening allowance)Studio-style accommodation (33.5 star positioning)Kitchenettes, Wi-Fi, parking, laundry and outdoor common areasAppeals to hospital visitors, contractors, government placements and medium-term occupantsQuiet residential location off main roads a key advantage for tenant retentionLocation Benefits:~15 minutes to Brisbane Airport~20 minutes to Brisbane CBDClose to Westfield ChermsideNearby major hospitals including The Prince Charles Hospital and St Vincents Private Hospital NorthsideBuyer Profile:This opportunity will suit:Experienced motel operatorsYield-focused investors seeking strong passive returnsValue-add buyers looking to further enhance an already proven modelWith the ability to achieve 3040%+ yield (subject to purchase price and structure), this is a rare offering in the current market.This is a cashflow-driven asset with a proven model, strong fundamentals, and immediate income certainty.For further information or to request a confidential information memorandum, please contact Ras360 Property Solutions.**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights **