Condamine QLD 4416
- Hotel, Motel, Pub & Leisure
- 1 m²
- For Sale, FH Inv. $3,150,000
Near New Rural Motel with 10.5% Passive Return! 1P5251M
EXCLUSIVE TO CRE BROKERS. This one ticks all the boxes! Only 7 years old, long lease, low competition and great returns!
Featuring 27 rooms in a rural location, the motel trades on tourism and local workers attending to long-term projects. All rooms have covered parking and all the mod cons you expect from a newly built property.
The motel was built in 2014 to meet the high demand and is on the market for the very first time. With a happy, long term tenant and reliable returns for the passive investor, you'll want to inspect quickly.