Rare Opportunity to Purchase This High Yielding Investment. | Resort Brokers ID : INV004892
Presenting an outstanding opportunity to purchase a high-yielding freehold Investment property with a long-term lease to Quest Apartment Hotels, located in Whyalla, South Australia.
- High-yielding fully-leased investment opportunity – 4.5 star serviced apartments hotel
- Expected to deliver a net income of $766,522 p.a.
- Secure long-term lease to Quest Whyalla Apartments (to 2022 + 3 x 5 year options)
- Backed by the largest and most successful apartment hotels brand in Australasia
- 56 quality studio, 1, 2 and 3brm apartments, fully equipped to a high standard
- Very large 6,731sqm land area
- Prime location central to the airport, town centre, university, foreshore and steelworks
- Whyalla set to benefit from massive investment injection following the Arrium Steelworks sale to London-based international conglomerate, GFG Alliance
- Supported by diverse industrial / business and tourism / visitor customer base.
NB: Property inspections are by appointment only