LONG TERM LEASE IN MAJOR NSW REGIONAL TOWN – INVESTMENT MOTEL – 472MI

INVESTMENT $5,500,000

  • Secure long-term investment.
  • New 40-year lease (4 x 10 year options).
  • Experienced Leasee (owner of four motels)
  • 27 well-appointed rooms, including 5 x 2-bedroom apartments, 10 x Family and 2 Singles.
  • Rooms recently refurbished.
  • Swimming pool.
  • Solid brick construction with tiled roof
  • Consistent turnover with strong repeat clientele.
  • Tenant pays all outgoings.
  • Annual CPI Rent increases.
  • High demand - first to inspect will buy.

 

Annual Rent: $340,000 + GST

 

Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.

Property ID: 472MI (quote when enquiring)

 

Price INVESTMENT $5,500,000
Property ID 472MI
Category Motel

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