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 30 year lease with experienced tenant provides long-term stability and potential for growth.
2. Extensive renovations have been completed, ensuring a modern and attractive property for guests.
3. Large 3-4 bedroom residence adjoining reception provides convenient on-site living for owners or managers.
4. Set on 5 acres of parkland, the property has potential for redevelopment and expansion in the future.
5. 21 well-presented ground floor rooms offer a variety of accommodation options for guests.
6. All outgoings are paid by the tenant, reducing financial burden for the owner.
7. Close proximity to a bypass has improved business and potential for increased traffic and revenue.
8. Quick action is recommended to secure an inspection and potential purchase of this desirable investment opportunity.
