851MI - LOOKING FOR A SECURE LONG TERM PASSIVE MOTEL INVESTMENT? LOOK AT THIS ONE!
An Investment Gem on NSW Sapphire Coast! One of Merimbula’s most popular motels has its Investment component available for you to add to your Investment Portfolio.
The property is a most impressive motel located only 150 metres from shops, clubs and restaurants. Merimbula is situated in the heart of the magnificent Sapphire Coast Region of NSW, conveniently located midway between Melbourne and Sydney. With a long-term tenant in place and 24 years left on the Lease, it’s just what you have been looking for.
Motel Investments are considered to be a very secure Commercial Investment and in our low interest rate Economy they are providing a very strong return.
The Motel Business has recovered very strongly from the COVID impact with full Rent being paid since December 2020.
Contact us for further details.
Annual Rent: $231,103 plus GST fixed until 30 September 2022
Contact David Head and Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 851MI (quote when enquiring)
Property Code: 3383
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -