121-125 Macmillan StreetAyr QLD 4807
Property Details for 121-125 Macmillan St, Ayr
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
- 23 Feb 2024Sold for $1,010,000
- 23 Oct 2023Listed for Sale Offers Over $1,000,000
- 13 Apr 2015Listed 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 4,830 properties. Over the last 5 years, Houses in Ayr have seen a 84.12% increase in median value, while Units have seen a 45.46% increase. As at 31 December 2025:
- The median value for Houses in Ayr is $359,702 while the median value for Units is $295,090.
- Houses have a median rent of $400 while Units have a median rent of $280.
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