This property is currently leased for the next 25 years.
The guaranteed return of 9%per year,indexed.Insurance,rates and most of the repairs are carried out by the leasees.

This property has 15 motel units, consisting of 13 doubles with queen and sofa bed, 1 twin room to suit a wheelchair, and one suite and a laundry

The owners residence with 4 built in bedrooms all with air conditioning. The reception and office is downstairs plus a kitchen, lounge, bathroom and toilet.

Upstairs there are 4 bedrooms plus a bathroom with a spa bath. The owners residence also has a separate fenced garden area.

There is an occupancy rate of 60% plus with Sunday to Thursday nearing 100% however it is quieter on the weekends.

The Licenced Restaurant-
There is seating for 50 patrons but can increase to 90 for functions. There is a large open fireplace, a good sized bar room with its own fridge, cold room and wine storage racks.

There is a well equipped kitchen with gas stove, cold room, freezer room and large dry food store. There are casual staff plus an apprentice cook.

Vineyard-
There is a cellar door licence for the property. The vineyard consists of 1500 Shiraz vines producing approximately 3500 bottles per year using an outside contract wine maker and selling through the restaurant.

Star Rating-
The property has 3 1/2 stars. The land area is 2.02 ha – 5 acres and a 10m in ground pool. There is a large additional parking area for trucks and buses.

The property has 3 large rainwater tanks for drinking water as well as town water connected. There is a commercial septic system installed.

Situated on the edge of Nanango – Kingaroy Highway, opposite a great golf course and the closest motel to the Tarong Power Station.

An excellent Lifestyle Property.

$1,260,000