Freehold Investment - Sensational New Motor Inn

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The Offering:   The freehold investment interest in a new 36 unit motor inn, Undercover parking,3 bedroom residence, commercial kitchen, dining room and inground pool on over 6000 square metres of level land.

The Motor Inn:  New 36 units, undercover parking, pool and residence, situated opposite a very active bowls and golf club in the heart of a prosperous inland resource centre. The buildings are all on one level, constructed in an attractive modern chamferboard homestead style. The units are superbly insulated and fitted out to a high 4 star standard. The land area is over 6000 square metres, the driveways are ochre enhanced concrete, and the overall appearance of the property is first class throughout.

Lease Agreement:  Experienced motel operators are offering a new 30 year lease with a commencing rental of $300,000 plus GST. All outgoings will also be paid by the lessee. This represents a net return of 8.5% per annum to the freehold owner, plus a substantial building writeoff allowance.

General Comment: To be able to acquire a new property with a very experienced lessee in a prosperous resource centre is almost unprecented. The presentation is exceptional and this is an opportunity to become the proud owner of a modern new attractive property with a high return on investment. Be quick to arrange inspection.