Immaculate Low Rent Leasehold, With Large Family Residence
Immaculate Low Rent Leasehold, With Large Family Residence
Immaculate Low Rent Leasehold, With Large Family Residence
Immaculate Low Rent Leasehold, With Large Family Residence
Immaculate Low Rent Leasehold, With Large Family Residence
Immaculate Low Rent Leasehold, With Large Family Residence

Immaculate Low Rent Leasehold, With Large Family Residence

$990,000Sold

24 beautifully appointed rooms, a long lease (28 years) provides the security and a consistent year on year occupancy of 61% guarantees you a bright future. First time offered in 13 years.

Key Features

  • 28 year’s remaining on lease
  • 24 x 3 ½ star AAA rated rooms
  • Large separate 3-4 bedroom residence
  • Very little maintenance required
  • 25% ROI
  • Very low rent (19% of turnover)
  • Easily run by couple
  • Great motel town

  

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004599
Property Type: Motel
Region: VIC - North East
Suburb: Wodonga
Sale Type: Leasehold
Net Profit: $245,087
Price: $990,000

Listing Agent(s)