Toowoomba City, Queensland

PASSIVE INVESTMENT $1,750,000

Property Description

2601MI - INVESTMENT MOTEL IN TOOWOOMBA - 8% ROI

- In these hard times investing in bricks and mortar makes sense.

- Buy in now whilst prices are lower than 12 months ago.

- Solidly built 3.5 star motel with R&M up to date.

- Comprising 22 rooms of varying configuration.

- Onsite pool, barbeque and undercover entertainment area.

- No restaurant or major food component.

- Spacious 3 bedroom manager’s residence.

- 21 years left on the lease and good tenant in place.

- Located on the main arterial road into town from the South.

- Close to local amenities and the hospital.

Toowoomba is one of Australia’s largest regional cities and a great place to invest. Call Tony now to find out how you can secure your financial future.

Annual Rent: $139,230.65 plus GST

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2601MI (quote when enquiring)

Property Code: 3549

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

Tony Johnson
Tourism Brokers

Phone

Listing Tools

This listing last updated: 24th September 2020

Property Map

Map Location ( get directions )

Toowoomba City, Queensland 4350 Exact map location not provided

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