$625,000

COMMERCIAL | LEASED

Property Details

  • Property ID: 3157
  • Occupancy: LEASED
  • Whole or Part Building: WHOLE
  • Available: Available: Now
  • Current Lease End Date: 01-08-2029
  • Term of Lease: 30 Years
  • Property type: HOTEL / LEISURE
  • Listing type: LEASED
  • Carspaces: 14
  • Outgoings Paid by: TENANT

Description

NEW 30 YEAR LEASE / 4 Star / 221 km SW of Brisbane

The leasehold purchase of a superb 4 Star 12 unit motel with salt water swimming pool, covered gazebo, separate motel kitchen, guest laundry and beautiful 3 bedroom residence.
Turnover - $394,852
Annual Rent - $98,000
Nett Profit - $174,195