Description

Citylink Guest House – 21 Valentine Street, Toowong presents a rare opportunity for an investor to acquire a prime property in the high growth area of Toowong. The property is comprised of the amalgamation of 3 lots totaling 1,266m2 and is situated 100 metres north-west of the intersection of Milton Road and Valentine Street.

Within 3.5km of Brisbane CBD the property is close to universities, hospitals and some of Brisbane’s best schools, Toowong is ultra-convenient for professionals, students and families alike. With easy access to City Cats on the Brisbane River, plus frequent buses and trains, Toowong is serviced by public transport like no other location in Brisbane.

Elevated above street level, this quality freestanding, fully operational Guest House comprises of 22 accommodation modules over 2 levels. All rooms are exceptionally refurbished of which 18 have ensuite facilities. All are fully air conditioned with access to WIFI and cable television. . The property provides additional improvements and amenities including gym,
in ground swimming pool and extensive landscaping with outdoor deck/seating areas.

This property is a fully accredited/registered Guest House and benefits from a high occupancy rate giving an excellent rental return for the astute investor.

- 1266m2 Site area / elevated block
- Toowong is a prestige inner city suburb 3.5kms the from CBD
- 22 Bed Guest House (18 with ensuites)
- Fully registered & accredited with the Dept of Housing & Public Works
- Gross Income $302,380 (Fully Occupied Basis)
- Close to Bus, City Cat, Rail & major retail shopping
- Close proximity to Qld Uni, Major Hospital & Education Facilities
- POA (Price on Application)

Contact details for Jeff Dolan / 4012 433377 – Jim Wicks / 0416 126353