Prime Motel Investment on Townsville Strip - High Returns & Long Lease

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
Listing Ref INV007657
Property Type Motel
Sale Type Freehold Passive Investment
State QLD
Region Townsville Mackay
Suburb ROSSLEA
Annual rent $235,360
Price Price on Application
Enquire Now
Des Fagg

Interested? Why not give Des Fagg a call on 0427 849 119 or

LinkedIn | VCard | View Profile

Phone Enquire Now