FOR LEASE $595,000 NEW 30 year lease with rent reduction!
3 1/2 Star, 385 kilometres north of Brisbane
New 30 year lease. Exterior buildings all being painted.
The leasehold purchase of a 26 room modern motel with air-conditioning, WIFI, outdoor pool, restaurant, meeting/conference facilities, truck/RV parking and guest laundry. The motel offers guests quality and comfortable accommodation at an affordable price.
Occupancy - 60%
Turnover - $816,162
Annual Rent - $230,000+GST (adjusted annually to CPI)
Nett Profit - $226,134
- Property ID: 3455
- Occupancy: LEASED
- Whole or Part Building: WHOLE
- Frontage: m
- Available: NOW
- Term of Lease: 30 Years
- Property type: HOTEL / LEISURE
- Listing type: FOR LEASE
- Land Size: Square
- Outgoings Paid by: TENANT