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Innisfail QLD 4860
Sold on 18 May 2021

Innisfail QLD 4860

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

2178MI - SOLID FNQ MOTEL PASSIVE SUPER FUND INVESTMENT EARNING 8.1% INDEXED TO INFLATION

The Freehold Passive Investment of the Moondarra Motel is being offered with a solid tenant paying a current rent of $79,700 plus GST per annum. This will increase in line with the CPI each year. 17 years remain on the Lease.

Major Far North Queensland Agricultural City, with continued COVID proof occupancy.

The 14 room motel has been a consistent trader and the tenant pays all outgoings.

The Landlord operated the motel for many years before selling the first lease in 2012. Prior to that he spent a large amount of money preparing the property for sale.

It has had new water heaters, new roof, complete new underground plumbing, new electrical wiring, and new split system air conditioners.

The property presents in excellent condition and is offered at 8.1% return.

Annual Rent $79,700 plus GST

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2178MI (quote when enquiring)

Property Code: 3558

Tourism Brokers
Tourism Brokers
170 Scarborough St
Southport, QLD 4215

Property Highlights

Date Sold18 May 2021
Floor Area1 m²
Land Area1,000 m²
ParkingAsk Agent
Virtual TourView Tour
Property ID2016532457
Category
Last updated  19 May 2021
Map for Innisfail QLD 4860
Tourism Brokers
Tourism Brokers
170 Scarborough St
Southport, QLD 4215

Property Highlights

Date Sold18 May 2021
Floor Area1 m²
Land Area1,000 m²
ParkingAsk Agent
Virtual TourView Tour
Property ID2016532457
Category
Last updated  19 May 2021

Listed by

Antonio Curulli
Antonio Curulli
Tourism Brokers
Call
0488 030 853

More about Innisfail QLD 4860

Innisfail QLD 4860 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m² and a land area of 1,000 m². The listing ID for this property is 2016532457.

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