BURDEKIN REGION NEW 30 YEAR LEASE ON 18 ROOM MOTEL SHOWING OVER 52% RETURN
$420,000
Business Description
We are very pleased to have been appointed as Exclusive Brokers to market the leasehold interest of the Parkside Motel, located in Ayr, North Queensland.
The landlord is offering a new 30 year lease at settlement and the Motel is being offered with a very high return of 52%.
This a great offering to enter the very lucrative Motel market in a highly desirable and busy town.
The Motel benefits from custom from the Corporate sector as well as leisure travellers.
The property presents in excellent condition and would suit newcomers to the market as well as experienced operators looking for a change of lifestyle.
This a rare opportunity that will not last on the market for long.
1. Exclusive brokers have been appointed to market the leasehold interest of the Parkside Motel in Ayr, North Queensland.
2. The landlord is offering a new 30 year lease at settlement.
3. The Motel is being offered with a high return of 52%.
4. This is a great opportunity to enter the lucrative Motel market in a desirable and busy town.
5. The Motel benefits from custom from both the corporate sector and leisure travelers.
6. The property is in excellent condition and would suit newcomers to the market or experienced operators looking for a lifestyle change.
7. This is a rare opportunity that is expected to sell quickly.
8. Interested buyers are encouraged to arrange an inspection.