161 Centre Street, CASINO NSW 2470
$330,000 (huge 36% yield)
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- 9 Nov 2016
Brilliant 10 Room CBD Motel with Huge Upside | Resort Brokers ID : LH004455
Resort Brokers ID : LH004455
- Ranked No.1 on TripAdvisor, Booking.com, Expedia
- 10 queen and family rooms. No restaurant.
- First class presentation with absolutely nothing to spend.
- Full brick construction with tile roof and car parking at room door.
- Three bedroom upper level air conditioned owners residence.
- Budget branded 3 Star AAA rating.
- City location (3 - 5 minutes’ walk to everything).
- 70.4% occupancy with strong repeat cash-flow and low $80,000 rent.
- Suit ‘first-timers’ looking for secure income & home with great lifestyle.
- $70 million Casino Meat Works expansion and redevelopment will ensure high occupancy for years to come.
NB: Property inspections are by appointment only
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
161 Centre Street CASINO