Leasehold Motel for sale

40% Return - It doesn't get better than this!

40% Return - It doesn't get better than this!
Property Type: Motel Ref: LH001275
Region: QLD - South  
Suburb: STANTHORPE  
Sale Type: Leasehold  
Price: $595,000 plus SAV  
Contact Agent(s) Lindsay Cooper  
  P: 07 3878 3999  
  M: 0418 711 047  
  E: lindsaycooper@resortbrokers.com.au  
 
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First time offered a new 30 year Leasehold interest of this award winning property.

6 luxury 4 1/2 star AAA rated self contained apartments consisting of 19 bedrooms plus reception, accommodating 37 people.

The property is situated in a prominent tourist destination town in South West Queensland.

Net: $225,500
Turnover: $490,536

Price: Reduced to $595,000 plus SAV a return on Investment of almost 40%