Motel Northview presents a rare passive investment opportunity, underpinned by a brand new 30-year lease delivering $225,000 per annum with annual CPI increases and no landlord obligations.
This 14-room freehold motel is positioned on a substantial 2,469 sqm site in Mount Pleasant, Mackay and provides a true net return, with the tenant responsible for all outgoings including rates, insurance and maintenance.
Solidly constructed with recent soft refurbishments, the property offers no immediate capital expenditure requirements, while the 10 year initial lease term plus 4 x 5-year options provides exceptional long-term tenure security in Mackay’s tightly held accommodation market.
Strategically positioned with excellent highway exposure and convenient access to Mackay Hospital, Mackay Airport, major shopping centres and key event precincts, Motel Northview combines secure income with built-in rental growth and minimal ownership responsibilities.
The substantial landholding provides ample onsite parking together with a spacious, four-bedroom, family-friendly two-storey residence, further enhancing the underlying appeal and versatility of this freehold asset.
With CPI-linked income, no operational involvement and the tenant assuming all property outgoings, Motel Northview offers a genuine set-and-forget investment opportunity in one of regional Queensland’s most sought-after markets.
Contact Resort Brokers today to secure this exceptional passive income investment.
Interested? Why not give Steven Styles a call on 0488 044 981 or steven@resortbrokers.com.au