409MI – Showing 8.04% Return

SOLD

4,000 m2

Key Investment considerations:

Lease term 25 years from 1st September 2019
Current rent $118,716.11
Outgoings paid by tenant
Approximately 4,000 sqm site
High visibility
Showing 8.04% return on the asking price.

Investment motels in this price range are much sought after

Annual Rent: $118,716.11 plus GST

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 409MI (quote when enquiring)

Location: Cowra is a town of 9,500 people situated on the Lachlan River, 320 km west of Sydney at the junction of the Mid Western and Olympic Highways. It is the commercial and administrative centre of a shire in which the major industries are livestock, wool scouring, vegetable growing and processing, vineyards, furniture making and tourism.

The Cowra region has so much to offer everyone and there is always plenty to do. You will encounter beautiful parks and gardens, the flowing Lachlan River, national parks and some of the best wine and food in Australia.

Cowra has a vibrant and expanding retail and commercial centre. It boasts the services and facilities you would expect to find in a larger town while still retaining that wonderful feeling of country hospitality. It is also centrally located and easily linkable to the rest of the state with direct lines to all major cities in south eastern Australia.

Price	SOLD
Location	Cowra
Property ID	409MI
Category	Motel

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
Centralised Administration 32 - 34 Lamorna Avenue
Beecroft NSW 2119

Ph: 1300 512 566 (International +61 2 9872 9943)
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Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

To maintain the confidentiality of the information and material made available to me/us, I/we agree as follows;

a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

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a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

b) Was already known to me/us before the date thereof.

c) Is subsequently provided or disclosed to me/us by a third person who has the right to provide or disclose same.

d) Is disclosed by me/us pursuant to any law or order of any court, of any governmental agency or other regulatory body with whose instructions me/us are bound to comply with.

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