High Quality Passive Investment Motel

print page Sold Under Contract New Listing

Passive Investment $1,850,000 - Ref APR138

High quality, modern freehold passive investment motel now available for sale.

  • Large number of units including studio and self contained
  • Comfortable residence onsite for the operator
  • Set on one acre of land with large frontage to the main road
  • Beautiful rendered, block construction under colourbond roof
  • Close to all facilities
  • High depreciation allowance available
  • 30 year lease in place
  • Annual Rent $160,000 pa plus GST
  • ROI 8.65% on asking price

For a detailed Information Memorandum, please contact the Marketing Agent
Andrew Morgan
Specialist Motel & Accommodation Business Broker throughout Qld since 1995
m 0417 608 041  |  p 07 4953 1611  |  e sales@qthb.com.au

Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.