41/196 Wellington Road KANGAROO POINT QLD 4169
$125,000+

DESCRIPTION

The apartment is an investor only opportunity as it is in a motel complex and is not available for long term letting or permanent residency.

Located less that 2km from the Brisbane CBD, close to the mighty "Gabba" home of the Lions AFL team and enjoying direct access to Clem 7 tunnel with the soon to be completed extension to the Brisbane domestic and International airport ensuring endless potential for this near city boutique hotel/motel.

The fully furnished apartment has been refurbished to the highest standard and repeat booking from past clients ensures there is a minimum period that the unit is not occupied.

The complex has a large client base and is well positioned to appeal to the lucrative short term holiday rental market and is currently running with a very high occupancy rate. There are 3 levels of guest accommodation and a lower level underground parking area.

Facilities include a Licensed Restaurant and Bar also, a swimming pool with landscaped grounds, BBQ area and secure parking for guests.