Freehold Investment Motel, 8.7% ROI - Strong Underlying Business - 1P5187M
FH Inv. $895,000
CRE Brokers are pleased to be appointed Exclusive Agents for this Freehold Investment Motel on the Bruce Highway/Pacific Way.
The property presents well. The tenanted property has 22 years remaining on the lease with a strong business attached.
. Well maintained & positioned property in strong regional centre
. Strong business with 14 ground floor room, plus a generous managers residence and back yard
. High 8.7% Return on Investment for the freehold owner, with outgoings paid by tenant
. Rent increases annually to CPI