Solid Investment Opportunity Awaits On The Coast - 2776mi
Business For Sale Portland, Victoria 3305
Business Category Motel
REDUCED INVESTMENT $1,050,000
Description
Solid Investment Opportunity Awaits On The Coast - 2776mi
- Amazing opportunity to invest on the South coast.
- Freehold investment for 5 townhouses within popular motel in Portland.
- Modern solid brick veneer with good occupancy rates.
- 3 x 2 bedroom, and 2 x 1 bedroom, all fully self-contained modern apartments.
- All strata titled for individual sale.
- 20 year lease in place with motel attracting $60,970 per annum, plus GST
Annual Rent: $60,970 plus GST
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2776MI (quote when enquiring)
Property Code: 4564
- Freehold investment for 5 townhouses within popular motel in Portland.
- Modern solid brick veneer with good occupancy rates.
- 3 x 2 bedroom, and 2 x 1 bedroom, all fully self-contained modern apartments.
- All strata titled for individual sale.
- 20 year lease in place with motel attracting $60,970 per annum, plus GST
Annual Rent: $60,970 plus GST
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2776MI (quote when enquiring)
Property Code: 4564
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
