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Innisfail QLD 4860

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, PASSIVE INVESTMENT $990,000 neg.

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

    Property Highlights

    Property ID2016532457
    Floor Area1 m²
    Land Area1,000 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  3 Dec 2020
    Map for Innisfail QLD 4860
    Map for Innisfail QLD 4860Innisfail QLD 4860
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016532457
    Floor Area1 m²
    Land Area1,000 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  3 Dec 2020
    Tourism Brokers
    32 Lamorna Ave Beecroft NSW 2119

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