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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.

    Property Highlights

    Property ID2016535935
    Floor AreaAsk Agent
    Land Area809 m²
    ParkingAsk Agent
    Annual Return9%
    AvailabilityTenanted
    Category
    Last updated  6 Oct 2020
    Map for 16 Lily Street Hermit Park QLD 4812
    Map for 16 Lily Street Hermit Park QLD 481216 Lily Street Hermit Park QLD 4812
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    • Purchase price

      $
      600,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    ELDERS REAL ESTATE TOWNSVILLE
    Nathan Business Centre Suite F8, 340 Ross River Rd Cranbrook QLD 4814

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