- Quality 4 star Motel Freehold Investment.
- Excellent location and reputation.
- Good Leaseholder.
- 30 mixed, well apportioned units.
- Licensed Restaurant and Bar.
- High quality 4 star, 30 unit freehold investment motel in strong regional town.
On offer is the Freehold Investment interest of the outstanding James Street Motor Inn, situated in the ever-growing regional town of Toowoomba.
This high quality four star, all ground floor, 30 room, motel is located on a main highway and just a few minutes' drive to all Toowoomba has to offer. You cannot fail to be impressed as you walk or drive into this property.
The motel has a good-sized residence with three bedrooms, two bathrooms, lounge and kitchen.
Guests enjoy access to the saltwater pool, barbeque area, Foxtel, Free Wi-Fi, room service breakfast and can enjoy an evening meal and a drink if they choose in the 50-seat licensed restaurant and bar.
Toowoomba is a major regional town with a growing population of approximately 150,000. The town has quality private and public schools, major shopping centres and everything else one would expect, and more from a large regional town. Medically the town boasts excellent hospitals, and the new Wellcamp international ready airport that currently fly's to Sydney, Melbourne and Townsville and is growing rapidly.
Investments of this calibre are rare and with a 8.4% ROI, especially in this town, it won't be for sale for long! Give me a call today, this motel is worth serious consideration.
Annual Rent: $297,500 plus GST - Net Profit to Landlord $268,500 plus GST
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2629MI (quote when enquiring)
Property Code: 3546
