The opportunity for a fantastic passive opportunity with a strong tenant and long-term lease presents itself for the first time in years. Great repeat business and a tenant that is looking to grow occupancy, this passive is one for the astute buyer who can rest easy knowing their motel is in good hands.
- Renovations completed in 2019
- Stong tenant
- Close to CBD, The Strand, Hospital, University and major shopping centres
- Sizeable annual rent raising annually with CPI
- Situated on busy road for great awareness
- 21-year lease
- Inspections are by appointment only