Key Investment Insights
1. Prime location in CBD, just 1.5hrs from Adelaide and situated across the road from Lake Albert.
2. Diverse business model including a 14-key refurbished motel, commercial laundry, and potential for an on-site café.
3. Newly negotiated and signed 25-year lease providing security for the new owner.
4. Upside potential through driving occupancy and operating the café.
5. Significant refurbishments and replacements in recent years.
6. Good-sized 3-bedroom manager's residence for comfortable living.
7. Efficient and simple operation, perfect for a hands-on couple.
8. Inspections by appointment.
9. Price of $385,000 and net profit of $129,936.
10. Ideal choice for a home and income opportunity.
ROI Estimate: 33.75%