Newtown, Queensland

Freehold Inv. $868,000

Property Description

Overlooking Clifford Park Racecourse in Toowoomba, this Investment Motel is a gift - 1P4781M

EXCLUSIVE TO CRE BROKERS. Freehold Investment Motel presented to the market for the first time in fifteen years. Having served the current owner well, this thirty-two year old Motel has a consistent and strong investment performance.

Located in the Toowoomba suburb of Newtown and overlooking the Clifford Park Racecourse, this Motel is the first stop for out-of-town horse racing enthusiasts and boasts an occupancy that is the envy of similar Motels with the rate typically running at 85%.

A nine room motel with three Queen Rooms, four Twin Rooms three of which are located on the ground floor, one Twin Apartment and one Family Room. Ample on-site parking is provided and, with such good bones, this building is a workhorse with potential.

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

CRE Brokers

Peter Sagner
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Newtown, Queensland 4350 Exact map location not provided

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