TRENDING!! Excellent leasehold opportunity / 3 Â½ Star in busy north coast location.
ALL UNITS REPAINTED ,NEW CARPETS & 40"TVS IN ALL UNITS!!
New signage has just been installed, new queen, king & single beds,& all rooms have had new split system a/cs installed. Figures are definitely trading up!!
The leasehold interest of a 27 unit motel, large three bedroom owners residence and lockup garage with a 22 year lease in place.
Turnover - 738,874 (2017)
Annual Rental - $265,090
Nett Profit - $241,524