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Toowoomba QLD 4350
Sold on 10 Feb 2023

Toowoomba QLD 4350

  • Hotel, Motel, Pub & Leisure
  • Sold

Unquestionably recognised as the best motel in the West | Resort Brokers ID : INV007449

    This is the first time this Freehold passive investment has ever been offered to the market. Just 15 years old, this 52-room motel is located close to the Toowoomba CBD and on the main Western access road going from Brisbane to Roma. With a very strong long-term tenant in place, this investment offers a strong six per cent triple net yield.

    - Quality build and high-level presentation
    - Strong six per cent triple net yield
    - Runs at consistently high occupancy
    - Highly experienced strong tenant in place with good covenant
    - Luxury accommodation with a restaurant, cocktail bar and fitness centre
    - Strong investment location, opposite major shopping centre and outstanding street appeal
    - Property inspections are by appointment only

    Property Highlights

    Date Sold10 Feb 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018132885
    Category
    Last updated  7 Mar 2023
    Map for Toowoomba QLD 4350

    Property Highlights

    Date Sold10 Feb 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018132885
    Category
    Last updated  7 Mar 2023
    362 Montague Rd West End QLD 4101

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