Key Investment Insights
AI generated. Confirm details with the seller.
1. The motel is made of brick and tile, making it low maintenance and durable.
2. The property has been tenanted since 2008, indicating a stable and successful business.
3. The rent to turnover ratio is good, indicating a profitable investment opportunity.
4. The motel does not have a restaurant, but is located opposite a Bowls Club, providing easy access to dining options for guests.
5. The location of the motel in a strong regional town, part of the popular Fossicker's Way, makes it a desirable destination for travelers.
6. Inverell is a prosperous and busy regional center with a population of 12,000 in the town and 17,500 within the Shire Area.
7. The town is known for its excellent shopping centers, making it a popular destination for visitors.
8. The annual rent for the property is $100,625 plus GST, adjusted annually to CPI.
9. Interested buyers should contact David Head from Tourism Brokers for further information or to arrange an inspection.
10. The property ID for this listing is 687MI.
