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Under Contract

MOTEL INVESTMENT - 9% RETURN!

This motel is well known and established in the central Queensland area located on a very busy arterial road in close proximity to all town amenities.
Situated on 1,012 square metres, the motel comprises:
10 units,
pool,
3 bedroom residence with undercover parking to the units.

Enjoying a sound level of trade over the years and will show a rental return of $72,000 per annum which is a return of 9% on the purchase price.

With 19 years remaining on the lease.

For further particulars ph: Bill Lee
Suburb Gladstone Central
Price $800,000
Property Type commercial
Property ID 221
Category Hotel/Leisure
Floor Area 1 m2

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Bill Lee

0418777727
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