Gilgandra, New South Wales
553MI - Secure Super Investment!
SOLD
Business Description
- As rare as hen's teeth!
- Affordable Investment Motel
- Super secure and sustainable tenancy
- Minimal maintenance by Landlord
- 18 ground Floor Units and spacious residence
- 22 years on Lease from April 2018
- All outgoings paid by the tenant
- Located on the junction of 3 major highways
- Don't Miss It!
A secure Motel Investment below $1m! It's simple - the first to inspect will buy!
This Investment Motel offers a most secure investment. The rent ratio is very attractive to the tenant, and the sustainability of the tenancy is very strong.
With all outgoings paid by the tenant, no structural repairs likely for the foreseeable future and a tenancy term top up likely in the new few years, you just cannot lose. Be Quick!
Annual Rent: $59,624 plus GST
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 553MI (quote when enquiring)
Location: Gilgandra is located in the central west of New South Wales approximately half way between Melbourne and Brisbane, approximately 30 minutes north of the regional centre of Dubbo. Gilgandra has a population of 2,700 people with 4,700 living in the district. Agriculture is the main industry in Gilgandra.
The strength of Gilgandra is the people. The community has services that you would not expect to find in a community of 2,700 people. This is largely due to the great community spirit, pride and participation that make it a great place to live, work and enjoy a relaxed country lifestyle but with the advantage of being close to a major regional centre.
Property Code: 2886
Business Summary
Key Investment Insights
1. Affordable investment opportunity in a motel with a strong and sustainable tenancy.
2. Low maintenance for the landlord, with all outgoings paid by the tenant.
3. 18 spacious ground floor units and a comfortable residence for the owner.
4. Long lease term of 22 years, providing stability and potential for a tenancy term top up.
5. Prime location at the junction of 3 major highways, ensuring a steady flow of customers.
6. Attractive rent ratio for the tenant, making it a desirable investment.
7. Strong community spirit and services in the town of Gilgandra, providing a great place to live and work.
8. Potential for future growth and development in the area.
9. Motel investment opportunities below $1 million are rare and highly sought after.
10. Don't miss out on this secure and profitable investment opportunity.
