33 Year Leasehold, Refurbished 28 Rooms in Thriving Motel Town!
With a 40% + ROI this business has consistency of trade since being refurbished across the board. If you are looking for a leasehold property priced to market with upside, than look no further.
- High repeat corporate and trade guest rate
- Onsite restaurant ‘33 on Main’ has a fully renovated kitchen, dining area, and small bar to facilitate conferences/meetings
- Large 28 rooms all refurbished with NEW smart TVs, beds, lounges, dining tables and chairs, blinds, fridges and microwaves
- Long term 33 year lease with massive 40+% ROI
- Prime main street CBD location
- Owner's residence includes large open living and dining, 2 bedrooms, 1 bathroom, with option of 3 bedrooms if required
- Complete property renovations include: painting to all exterior areas, roof professionally cleaned, 2,000L water tank, 6 air conditioners, new pool saltwater chlorinator, BBQ, and camera surveillance installed
- Property inspections are by appointment only