Freehold Investment Motel – Mid Nth Coast
NSW - Refurbished - 1P4544M

Industry:   | Listed by: CRE Brokers
Key Strengths
About this business
EXCLUSIVE TO CRE BROKERS. Well-positioned, being the first motel leading into town. This secure Freehold Investment offers 14 ground floor rooms, fresh paint to the exterior and the rooms are smartly decorated. The property has been refurbished inside and out and it is now complete and looks stunning. It has been well maintained by the tenants with many improvements including new motel kitchen and bathrooms, and with the recent installation of a new solar power system.

With Freehold Passive Investment motels seldom coming to the market, especially in coastal locations, this property is well priced showing an 8% Return on Investment with an annual increase in rent due in August 2019.

All outgoings are paid by the tenant.

First to inspect will buy…….Be Quick!!
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Business Name / Ref #:
Contact Advertiser
Location:
Tuncurry
NSW
Asking Price:
$1,133,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0456 00.....
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Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

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Freehold Investment Motel – Mid Nth Coast NSW - Refurbished - 1P4544M ListingImage
About this business
EXCLUSIVE TO CRE BROKERS. Well-positioned, being the first motel leading into town. This secure Freehold Investment offers 14 ground floor rooms, fresh paint to the exterior and the rooms are smartly decorated. The property has been refurbished inside and out and it is now complete and looks stunning. It has been well maintained by the tenants with many improvements including new motel kitchen and bathrooms, and with the recent installation of a new solar power system.

With Freehold Passive Investment motels seldom coming to the market, especially in coastal locations, this property is well priced showing an 8% Return on Investment with an annual increase in rent due in August 2019.

All outgoings are paid by the tenant.

First to inspect will buy…….Be Quick!!

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$1,133,000

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