16 Lily Street Hermit Park QLD 4812
- Hotel, Motel, Pub & Leisure
- 809 m²
- For Sale, $600,000 (GST na)
Multiple Tenancy Lodge With Full Accreditation - 9% Net Return
16 Lily Street provides secure lodging for up to 14 residents, currently 71% occupied and earning a 9% net return.
Key property features include:
+ 809sqm corner allotment
+ 2 kitchens (one each upstairs and downstairs)
+ Additional vacancy to increase net return
+ Additional space to increase number of tenancies
+ Easily lease front shop for commercial use
+ Video surveillance throughout the lodge
+ Outdoor breakdown area
+ 9% net return in current configuration and vacancies
For further details or to arrange an inspection please contact exclusive agent Elders Commercial.
- Commercial loan calculator
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