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Portland VIC 3305

Portland VIC 3305

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, REDUCED INVESTMENT $1,050,000

SOLID INVESTMENT OPPORTUNITY AWAITS ON THE COAST - 2776MI

    - Amazing opportunity to invest on the South coast.

    - Freehold investment for 5 townhouses within popular motel in Portland.

    - Modern solid brick veneer with good occupancy rates.

    - 3 x 2 bedroom, and 2 x 1 bedroom, all fully self-contained modern apartments.

    - All strata titled for individual sale.

    - 20 year lease in place with motel attracting $60,970 per annum, plus GST

    Annual Rent: $60,970 plus GST

    Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 2776MI (quote when enquiring)

    Property Code: 4565

    Property Highlights

    Floor Area1 m²
    Land Area1,230 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2018540502
    Category
    Last updated  23 Feb 2024
    Map for Portland VIC 3305

    Property Highlights

    Floor Area1 m²
    Land Area1,230 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2018540502
    Category
    Last updated  23 Feb 2024

    Listed by

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