2566MI - Leased Quality Motel and Apartments near Billions in Investment Infrastructure - Exceptional Investment Opportunity

SOLD

8% net return leaseback opportunity.
Opened in 2013.
Exceptional holding opportunity.
95% occupancy since it opened.
Owners are proposing a leaseback at $470,400pa ex GST with annual CPI increases.
Current business Turning over in excess of $2,250,000 average per annum.
Property One consists of 20 motel rooms, 8 apartments, 6 staff rooms and an 80 seat restaurant.
Property Two consists of 8 dual key, 2 and 3 bed apartments providing 16 motel rooms.
Close to airport.
Combined the properties provide 44 bedrooms, a manager’s apartment and 6 staff rooms.
Huge upside with long term growth and a true strategic holding.
Market review in lease but not less than CPI increase over previous year.
Bond of 3 months rent paid with a Director’s Guarantee.
Quality well maintained condition.
Significant depreciation allowance (Happy to discuss).
Significant number of projects in the area with significant demand for accommodation.
Largest concentration of existing and approved gas wells in Australia.
Home to the biggest gas compression plant and pipe heads.
Close to a significant coal mining lease approved in 2017 and due for construction in 2021.
Low sulphur rich coal resource is part of the “Clean Coal”’ energy push by governments worldwide.
Close to a proposed 1,000-megawatt Solar farm over 5,000 acres due to commence construction in 2019 and come online in 2020.
Construction and operational phases of Gas, Coal and Solar projects accounting for over $200 billion in known and approved energy resources.
220 km rail link project connecting to port recently approved.

Opportunity to secure a prime leased property investment, strategically positioned amongst billions of dollars of infrastructure. Built with the market in mind, the existing business has strong forward bookings and is generating real profits.

This is a genuine opportunity made by the board to liquidate the holding and the purchaser will have significant growth, rewards and a strong cashflow return going forward. For full details, all us for a comprehensive and detailed information memorandum.

Net Profit $470,400

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2566MI (quote when enquiring)

Price	SOLD
Location	Wandoan
Property ID	2566MI
Category	Motel

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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.

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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.

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