Toowoomba City, Queensland

Investment $2,100,000

Property Description

2565MI - Rare High-Quality Motel Investment Opportunity

- 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

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

Mark Tuck
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Toowoomba City, Queensland 4350 Exact map location not provided

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