58-60 Hutton StreetInjune QLD 4454
Property Details for 58-60 Hutton St, Injune
Last Listing description (July 2023)
26 Units - current occupancy under 40% allows for plenty of growth potential associated with future natural gas exploration and development, major inland freight route road upgrade plus tourism opportunities currently not being pursued.
Net Profit $244,201 in 2020-21 with some months Covid affected
Centrally located in the town on acre of land with 3 street frontages
Excellent repeat customer base
Guests can walk to several dining options, eat in-house or prepare their own food in the popular rustic "Outstation" area
Excellent room options include single, pet friendly, standard, family and free standing bungalow with verandah
No shortage of very capable local staff to assist with everything from cleaning through to relief management
If you're planning a future around the motel industry you may as well get the best return for your efforts! This motel can provide that.
Can be purchased in two entities:
1. Land and buildings will provide 12% plus yield for investor or S.M.S.F.
2. Business will provide 45% yield for operator after rent and expenses.
A full summary including 3 years Accountant's figures will be provided to qualified purchasers.
Property History for 58-60 Hutton St, Injune, QLD 4454
- 29 Aug 2023Sold for $699,000
- 06 Aug 2021Listed for Sale $1,110,000
- 20 Feb 2006Sold for $920,000
Commute Calculator
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
About Injune 4454
The size of Injune is approximately 412.3 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Injune in 2011 was 983 people. By 2016 the population was 453 showing a population decline of 53.9% in the area during that time. The predominant age group in Injune is 0-9 years. Households in Injune are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Injune work in a managers occupation. In 2011, 60.8% of the homes in Injune were owner-occupied compared with 62% in 2016.
Injune has 320 properties. Over the last 5 years, Houses in Injune have seen a 145.45% increase in median value. As at 31 October 2024:
- The median value for Houses in Injune is $145,599 while the median value for Units is $354,555.
- Houses have a median rent of $215.
Suburb Insights for Injune 4454
Market Insights
Injune Trends for Houses
N/A
N/A
View TrendN/A
N/A
Injune Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
