Toowoomba City, Queensland
2565MI - Rare High-Quality Motel Investment Opportunity
SOLD
Business Description
- High Standard 4 star motel
- 18 quality units
- 30 year Lease at settlement
- Excellent business
- Lease term and rent adjusted for sustainability of tenant
- Excellent experienced tenant
- Brick construction
- All outgoings paid by tenant
- Minimal maintenance requirements
- Strong 7.6% Return
- Exceptional and rare Motel Investment opportunity in Toowoomba
- Contact us now for further details
On offer is the Freehold Investment interest of the outstanding Motel situated in the ever-growing town of Toowoomba.
This highly regarded 4 star motel was built to high standard and has been maintained in excellent condition. The Motel offers 18 stylish, well-appointed rooms, a large four bedroom residence, salt water pool with a spa and an undercover barbeque area for inhouse guests. The well-maintained grounds are low maintenance.
The lease length and rent component will be adjusted at settlement to ensure the tenancy is sustainable well into the future.
Toowoomba is a major regional town with a population of approximately 150,000. The town has high quality private and public schools, excellent hospitals, the new international ready airport and everything else one would expect, and more from a major regional town.
Investments of this calibre are rare - especially in this town, it won't be for sale for long.
Annual Rent: $160,000 plus GST
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2565MI (quote when enquiring)
Property Code: 3085
Business Summary
Key Investment Insights
1. Rare opportunity to invest in a high-quality 4-star motel in Toowoomba.
2. 18 well-appointed and stylish units.
3. 30-year lease at settlement, ensuring long-term sustainability for the tenant.
4. Excellent business with strong returns.
5. Lease terms and rent adjusted to support the tenant's success.
6. Experienced and reliable tenant in place.
7. Brick construction and low maintenance grounds.
8. All outgoings paid by the tenant, minimizing expenses for the investor.
9. Strong 7.6% return on investment.
10. Exceptional and sought-after location in Toowoomba.
11. Freehold investment opportunity with the potential for future growth.
12. Toowoomba is a major regional town with a growing population and excellent amenities.
13. Rare opportunity to invest in a high-quality motel in Toowoomba.
14. Annual rent of $160,000 plus GST.
15. Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
16. Property ID: 2565MI (quote when enquiring).
17. Property Code: 3085.
