2E Telemon StreetBeaudesert QLD 4285
Property Details for 2e Telemon St, Beaudesert
Last Listing description (March 2019)
The landlord of this Beaudesert property has set up a brand new and very fair lease at a full term of 30 years, to take a more passive role in this business they own. The rent is below market valuation guidelines and with the business netting over $211k, this is an unbelievable motel to purchase. This also means that there be an easy and seamless consent to the assignment of the lease provided to the right buyer. The motel is in fantastic condition with the rooms recently upgraded with new carpets, beds and air-conditioning. Located only an hour from Brisbane, the motel is frequented by leisure travellers, workers, transport companies and visitors to the area for all array of events and social gatherings.
- Brand new 30 year lease on offer
- Industry experienced and supportive landlord
- Net profit of over $216k as verified by leading motel accountant Rob McAdam
- Recently renovated rooms with new beds, carpet and air conditioning
- Suitable for owner occupier or passive investor with approx. 19% ROI with managers in place
NB: Property inspections are by appointment only
Property History for 2e Telemon St, Beaudesert, QLD 4285
- 10 Jun 2024Sold for $2,750,000
- 20 Mar 2019Listed for Sale $745,000
- 01 Nov 2018Listed for Sale $745,000
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About Beaudesert 4285
The size of Beaudesert is approximately 43.6 square kilometres. It has 24 parks covering nearly 3.6% of total area. The population of Beaudesert in 2011 was 5,998 people. By 2016 the population was 6,408 showing a population growth of 6.8% in the area during that time. The predominant age group in Beaudesert is 0-9 years. Households in Beaudesert are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Beaudesert work in a labourer occupation. In 2011, 52.8% of the homes in Beaudesert were owner-occupied compared with 49.2% in 2016.
Beaudesert has 3,726 properties. Over the last 5 years, Houses in Beaudesert have seen a 107.40% increase in median value, while Units have seen a 109.01% increase. As at 31 October 2024:
- The median value for Houses in Beaudesert is $658,613 while the median value for Units is $509,016.
- Houses have a median rent of $533 while Units have a median rent of $410.
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