When an opportunity presents itself to grab a hold of an investment like this youâd be crazy to miss it.
This site is 2820 square metres of Medium Residential land with approval for motel use. The improvements to the land comprise of twenty motel rooms all with an open plan living/dining design. Seven of the rooms are equipped with kitchenettes. The rooms are all air conditioned and have bathroom facilities.
The caretakerâs residence has a designated reception area, large living room, commercial sized kitchen and two large bedrooms upstairs. There is access to a magnificent balcony from upstairs that allows views of the entire motel site.
There is a common area that features outdoor cooking, paved sitting area and a pool. There are many redevelopment ideas that could be explored to give you the best return possible.
Council Rates: $8547.10 p.a.
- Superb investment - 2820 sqm of MR land - Twenty motel rooms in total - All rooms are air conditioned with bathroom facilities - Commercial sized kitchen - Balcony with beautiful views of the entire site - Paved seating area and inground pool
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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