Property

High Quality Passive Investment

Passive Investment $1,850,000
New Listing

Description

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

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.

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