FREEHOLD INVESTMENT MOTEL FOR SALE - BUSY HIGHWAY TOWN CENTRE LOCATION - GREAT POTENTIAL

Freehold Investment $1,800,000

Description: Large B&B motel on busy highway town centre location. Excellent condition. Property has been renovated over the COVID-19 period. Very easy to operate. Great potential to increase revenue.

Star Standard: 3½ star.

Construction: Mostly brick with fibro panels. Colorbond roof and double brick partitions

Lease Expires: 2046

Rent: $141,718 per annum

Age: 1970s

Clientele: Reps, travellers, workmen for mines, roads, Telstra etc

Land Area: 1,973sqm (Approx.)

Chain Affiliation: N/A

Laundry: Heavy Duty Equipment

Restaurant: No. Short walk to cafes, restaurants, hotels and clubs.

Services: Large well-equipped kitchen, open courtyard parking, barbecue, Wi-Fi, fully fire rated.

Residence: 2 bedroom with built-in wardrobes, own kitchen, open plan living area, bath/toilet, laundry. Ideal residence for couple or small family.

Comment: Central to the CBD and within easy stroll to the RSL Club and restaurants. This Motel is a rare investment opportunity.

MQ Property ID:
1P2795


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