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Childers QLD 4660
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Sold on 17 May 2021

Childers QLD 4660

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

Freehold Investment Motel, 8.7% ROI - Strong Underlying Business - 1P5187M

    CRE Brokers are pleased to be appointed Exclusive Agents for this Freehold Investment Motel on the Bruce Highway/Pacific Way.

    The property presents well. The tenanted property has 22 years remaining on the lease with a strong business attached.

    . Well maintained & positioned property in strong regional centre
    . Strong business with 14 ground floor room, plus a generous managers residence and back yard
    . High 8.7% Return on Investment for the freehold owner, with outgoings paid by tenant
    . Rent increases annually to CPI

    Property Highlights

    Date Sold17 May 2021
    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2016826751
    Category
     Hotel, Motel, Pub & Leisure
    Last updated  21 Jun 2021
    Map for Childers QLD 4660

    Property Highlights

    Date Sold17 May 2021
    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2016826751
    Category
     Hotel, Motel, Pub & Leisure
    Last updated  21 Jun 2021

    Listed by

    Craig Clark
    Craig Clark
    CRE Brokers
    Call
    0456 000 880

    Enquire about this property

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