Parkes, New South Wales

$550,000

Property Description

Vibrant City - New 30 year lease with LOW RENT

*own this lease within 4 years
*2020 Projected T/O $510000 and Projected Profit $ 210 000 (after rent)
* First year's Rent $105000 CPI indexed or 3.5% (whichever is least)
*Rent is only 33.5% of projected total profit
*24 units - all recently refurbished (2019) 6 new bathrooms 19 upgraded
*New 3 bedroom residence, new carpets in all rooms
* New 30kw solar system
* Inspection of motel and trading figures will impress

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Jim McDonald Brokers

Jim McDonald Brokers

Jim McDonald Brokers

Jim McDonald
Jim McDonald Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Parkes, New South Wales 2870 Exact map location not provided

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