$895,000 8.7% Passive Investment

FOR SALE

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Excellent Return (8.7%) on Passive Investment Motel

Beautifully maintained quaint 14 unit freehold passive investment motel. Trending business in this well run property . Prominent highway position. Close to all CBD amenities & short walk to new shopping centre.

Annual rental: $77,586 + GST
PP: $895,000

  • Property ID: 3708
  • Occupancy: LEASED
  • Whole or Part Building: WHOLE
  • Frontage: s
  • Available: Available: Now
  • Current Lease End Date: 01-08-2023
  • Term of Lease: 4 Years
  • Property type: HOTEL / LEISURE
  • Listing type: FOR SALE
  • Land Size: Square
  • Buiding Area:1 1 Square
  • Carspaces: 20
  • Outgoings Paid by: TENANT