Deadline sale (unless sold prior)
Closing 3pm on Thursday the 6th March 2025
The search is over – this is the bottom-drawer investment you have been looking for! Including a modern building with huge street appeal plus an established tenant, with a lease over the whole property until 2049. Key features of the property include:
• Currently returning $131,500 + GST per annum, with two yearly rent reviews to market.
• A large land holding 1,269sqm in size, located in the heart of the central village, directly adjacent to the historic Queen Mary Hospital grounds and only 250m from the iconic Thermal Pools and Spa.
• A significant complex clad with an eye-catching stone and with 13 guest rooms, from studios, one-bedroom and two-bedroom units, catering for a wide range of guests’ needs.
• The business owner's home is super spacious and includes four bedrooms, two bathrooms and a garage.
• A large guest car parking area that overlooks the adjoining walkway / small park.
• Recent works now confirm the building is at 67% of the NBS, providing confidence for the future.
Freehold motel complexes are highly sought after by experienced property investors, so do not delay.
Please call today for an information pack and to arrange your viewing appointment!
Purchase price – Plus GST (if any)
Disclaimer: Some of the information relating to this property has been sourced from Property Guru and we have not been able to verify the accuracy. We advise purchasers to make their own independent inquiries