Freehold Investment Motel, 8.7% Roi - Strong Underlying Business - 1p5187m
Childers, Queensland 4660
SOLD
Key Features
AI generated. Contact seller to confirm.
- Freehold investment motel on Bruce Highway
- 22 ground floor rooms available
- Generous manager's residence included
- Well maintained property in regional centre
- 8.7% ROI for freehold owner
- Rent increases annually to CPI
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Lease in place
- Stock Value: Not disclosed
- Established: 22 years remaining on lease
Business Details
Business Category Motel
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
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
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
