Investment $2,060,000

407MI - Fantastic Condition Investment Motel + Money maker

  • Well positioned Freehold Passive Investment property in exceptional condition.
  • Town Centre location walk to restaurants, CBD, hotels, shopping and fast food if you fancy.
  • Long term tenants that are doing well that would like to remain at the property for the longer term and extend the current lease if that option is available.
  • Spacious 3-bedroom manager’s residence with ensuite.
  • Strong tariff structure and repeat established corporate clients.
  • High occupancy levels in modern complex with low maintenance.
  • A property you would be proud to own and have in your property portfolio.
  • All outgoings are paid by the tenant.
  • Double brick with terracotta tile roofing.
  • 2,238 m2 approximate land area.

Exceptional property in outstanding position with a long-term tenant that would like to stay beyond existing lease if that option is available.

Why settle for the rest when you have the opportunity to own one of the best. Call us today to organise an inspection or discuss this exceptional and rare opportunity.

Annual Rent: $164,912 plus GST

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

Property ID: 407MI (quote when enquiring)

Property Type business

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Michael Philpott

0433 137 927
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