Childers Queensland freehold investment opportunity for sale by Savills Australia & Transact Property Group
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Childers Queensland freehold investment opportunity for sale by Savills Australia & Transact Property Group
The Freehold property is offered for sale via an Expression of Interest process by Christian Tsalikis of Savills Australia and Mark Dann of Transact Property Group.
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Savills Australia
The Freehold property is offered for sale via an Expression of Interest process by Christian Tsalikis of Savills Australia and Mark Dann of Transact Property Group.
The property features a generous 5.19ha lot predominantly occupied by accommodation which is leased to Farmgate Backpackers.
The tenant provides labour to farms in the region. Demand for farm workers is very high and such is the diversified mix of fruit and vegetables crops in the region that the resort can provide worker accommodation for 365 days a year.
Christian Tsalikis of Savills Australia said "The property is located on a spacious land holding of 5.19ha* comprising of 81 rooms, 247 beds and 15 campsites, plus the ability to expand (subject to council approval)."
"Ideally positioned in an agricultural hub where the demand for farm workers is very high, with a lease to Farmgate Backpackers which provides year round labour to farms in the region", said Christian Tsalikis.
Childers is a rural town located in the Wide Bay - Burnett region of Queensland. Situated on the Bruce Highway, the town acts as a major economic centre and is undergoing considerable growth.
The town initially came into existence as a service town for the sugar cane fields, however, due to its wealth of historic buildings and agriculture it has now been deemed a National Trust town.
At a glance:
- Site area of 5.19ha*
- 30 year lease inclusive of options (28 years remaining*)
- $366,625.80 p.a. rental income plus GST
- Property features 81 rooms, 247 beds, 15 camp sites
- Ability to expand offering via an additonal 20 plus rooms (subject to council approval)
Farmgate Backpackers is owned and run by ex- perienced and successful operators with a high level of involvement in this sector.
The Freehold property is offered for sale via an Expression of Interest process closing Thursday the 18th of March 2021 at 4:00pm.
*approximately
Inspections are encouraged and are able to be arranged via contacting the marketing agents via the contact form below.
To view and download the Information Memorandum click here.
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