Passive Modern Motel Investment: 20 motel units opened November 2002 with 35 year lease in place, terms of the lease provide for a maintenance fund. Rental $130,000 + GST. All outgoings paid by the Lessee. Separate motel Kitchen & Laundry and 4 Bedroom managers home, Located on a main thoroughfare into the city. Not many motel investments on the market, don't hesitate enquire today.
Motel units consisting of 13 Studio 6 One Bedroom & One Two Bedroom units all ground level. Several units with double spa baths.Managers home complete with lockup garage & carport Private court-yard. Four & Half Star Qualmark rating. This motel enjoys a high occupancy rate from Corporate trade and the general travelling public. Motel investment is ideal for buyers looking for a passive investment or family trusts returning better than a bank. This would be one of the soundest investments an investor could make.
Don't delay contact McCrae
$1,625,000 + GST if any)
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