6.5 Hectares adjoining Elliot Springs - Motel and Residence - Potential Subdivis
This property is a great investment for the astute Developer / Investor in Townsville’s future growth corridors. 6.5 Hectares of Uniquely positioned land ripe for development close to the city with residual income. Currently home to a 3.5 Star AAA 10 fully self-contained roomed Motel and large residence operating under lease with experienced operator.
Why you should you purchase this great opportunity?:
- Potential Asset Value of $12m fully developed (STCA)
- City Side of Elliot Springs Development
- Income Producing
- Motel Leased until at $28.6k PA + Outgoings
- Current un...