Pialba QLD 4655

CRE Brokers are proud to be appointed exclusive marketing agents for the Main Street Motel, a rare Freehold Passive Investment opportunity in Hervey Bay.

The Motel has 10 ground floor rooms with every one completely renovated to a very high standard including all bathrooms and the large manager's residence. There is also vacant land on the site, where more accommodation could be built (STCA).

The motel has an excellent corner block position, close to major shops, medical facilities and is the closest motel to the RSL Club, also a short walking distance to the esplanade.

If you are seeking a secure passive investment, this neat, solidly built motel will provide you with an initial 7.3% return on investment, with all outgoings being the responsibility of the tenant. The property also has a high underlying land value.

Please contact Craig on 0456000880 if you require further information, or to arrange an inspection.