Freehold Investment Motel, 8.7% Roi - Strong Underlying Business - 1p5187m

Business For Sale QUEENSLAND 4660, Queensland

Business Category Motel

FH Inv. $895,000

Description

Freehold Investment Motel, 8.7% Roi - Strong Underlying Business - 1p5187m

CRE Brokers are pleased to be appointed Exclusive Agents for this Freehold Investment Motel on the Bruce Highway/Pacific Way.

The property presents well. The tenanted property has 22 years remaining on the lease with a strong business attached.

. Well maintained & positioned property in strong regional centre
. Strong business with 14 ground floor room, plus a generous managers residence and back yard
. High 8.7% Return on Investment for the freehold owner, with outgoings paid by tenant
. Rent increases annually to CPI

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller

Bsale ID: 525179
Broker REF: 1P5187

CRE Brokers
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