121-125 Macmillan Street, Ayr, QLD 4807 | Property Value & History | OnTheHouse
OFF MARKET

121-125 Macmillan Street
Ayr QLD 4807

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2023m2
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Property Details for 121-125 Macmillan St, Ayr

Building Type
Commercial
Land Size
2023m2
Local Government
Burdekin
Lot/Plan
2/RP707134

Last Listing description (March 2024)

Are you seeking a golden opportunity to secure a long term investment opportunity? NAI Harcourts Property Centre presents an exceptional tenanted motel investment located at 121-125 MacMillan Street in Ayr, North Queensland. This investment gem offers a unique chance to enhance your financial future in the heart of Ayr's vibrant township.

Prime Location: Nestled in the central business district of Ayr, this 16-room motel thrives in a sought-after, bustling location that ensures a steady stream of guests year-round.

Versatile Accommodations: The motel boasts well-appointed rooms designed to cater to a diverse range of guest needs, guaranteeing a consistent flow of patrons throughout the year.

Comprehensive Amenities: With ample guest parking, a spacious 4-bedroom manager's residence, an office, and a welcoming 100*-seat restaurant, this property provides a comprehensive package that delights both guests and investors.

Secure Investment: Enjoy peace of mind with a long lease in place, extending until 2030, with an additional 5 sets of 5-year options. A strong annual net rent return of $96,481* + GST secures your investment.

Double the Advantage: The property encompasses two titles, allowing for increased flexibility and potential for future developments.

Flourishing Community: Ayr's vibrancy is fueled by a mix of tourism, thriving commercial activity, and a solid agricultural industry, ensuring a constant flow of guests.

Commercial Zoning: Situated on 2,023sqm* of Zoned "Centre" Land, this investment offers flexibility for various uses and future developments.

This extraordinary opportunity beckons you to secure a prosperous future in the ever-popular motel investment sector. With a lengthy lease, healthy return on offer, and a strategic location, you can confidently enter the exclusive world of passive investment accommodations. Seize this golden opportunity and secure your financial future.

Don't let this chance slip contact Nathan O'Neill today to discover more about this exceptional investment.

- *Approx
- Outlines are Indicative and may not be accurate

Property History for 121-125 Macmillan St, Ayr, QLD 4807

A timeline of how this property has performed in the market
Last Sold
$1,010,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $1,010,000
  • 23 Oct 2023
    Listed for Sale Offers Over $1,000,000
  • 13 Apr 2015
    Listed for Sale Not Disclosed
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About Ayr 4807

The size of Ayr is approximately 29.1 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Ayr in 2016 was 8738 people. By 2021 the population was 8603 showing a population decline of 1.5% in the area during that time. The predominant age group in Ayr is 60-69 years. Households in Ayr are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ayr work in a labourer occupation.In 2021, 64.40% of the homes in Ayr were owner-occupied compared with 63.90% in 2016.

Ayr has 4,832 properties. Over the last 5 years, Houses in Ayr have seen a 76.89% increase in median value, while Units have seen a 40.85% increase. As at 30 November 2025:

  • The median value for Houses in Ayr is $339,874 while the median value for Units is $288,146.
  • Houses have a median rent of $390 while Units have a median rent of $280.
There are currently 70 properties listed for sale, and 9 properties listed for rent in Ayr on OnTheHouse. According to Cotality's data, 243 properties were sold in the past 12 months in Ayr.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.