Freehold Investment Motel, 8% ROI - NSW Mid North Coast - 1P0994M
SOLD
Business Description
EXCLUSIVE TO CRE BROKERS
• NEW 30 year lease, with experienced new tenant
• Extensive renovations
• Large 3-4 Bedroom residence adjoining reception
• Set on 5 Acres of Parkland with potential for redevelopment
• 21 well-presented ground floor rooms
• All outgoings paid by tenant
• Close proximity to bypass has improved Business
1. New lease agreement with experienced tenant provides stability and potential for long-term growth.
2. Extensive renovations have been completed, improving the overall quality and appeal of the motel.
3. The large 3-4 bedroom residence adjoining reception adds value and potential for owner/operator accommodation.
4. The property is set on 5 acres of parkland, providing potential for future redevelopment or expansion.
5. 21 well-presented ground floor rooms offer a variety of accommodation options for guests.
6. Tenant pays all outgoings, reducing financial burden for the owner.
7. Close proximity to a bypass has improved business, providing potential for increased revenue.
8. Quick inspection is recommended due to the high demand for this type of investment opportunity.
