Business Under Offer Kulin, Western Australia 6365
Business Category Motel Tours
Under Contract / Offer
Kulin Hotel - Leased Freehold Investment
Sold. Another Wanted!
Above average fixtures and fittings as a result of a high level of regular maintenance. Current commercial lease in place with excellent tenant. Same tenant since commencement of lease.
Current net rent $62,400 net of GST plus all outgoings, payable calendar monthly in advance at the rate of $5,200 per month.
Asking price - $520,000, which represents an initial net return of 12.0%.
An ideal passive investment for a superannuation fund.
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Contact Phil Mulcahy XXXXXXXXXX
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