Key Investment Insights
AI generated. Confirm details with the seller.
1. New 30-year lease in place, providing long-term income security.
2. Established, reputable tenant with a proven operating history.
3. Modern construction, motel built 2006 and townhouses added 2014.
4. Accommodation mix of 34 motel rooms plus five three-bedroom, two-bathroom serviced apartments with lock-up garages.
5. Includes office/reception, manager’s residence, and a minimal restaurant offering potential for growth.
6. Fully licensed property with separate bar, indoor and outdoor seating, supporting F&B revenue.
7. Low-maintenance cement render and metal roofing, described as in exceptional condition.
8. Strong demand profile, popular with corporate guests, government employees and quality tourists.
9. Convenient location close to the city centre, shopping precincts, restaurants and the airport.
10. Positioned in a major service centre, supporting consistent occupancy and corporate bookings.
11. Annual rent $400,000 plus GST, providing a clear headline income figure.
12. Identified opportunities to expand marketing and capitalise on economic growth and increasing visitor numbers.