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409MI – Showing 8.04% Return

COWRA NSW, 2794

Sold

Property Sold in COWRA NSW, 2794

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11341736
Status:
Sold
Price:
SOLD
Last Updated:
02/09/2019
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Property Type

Hotel/Leisure
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Land Area

4000 SQM
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Floor Area

1 SQM
Icon parking

Parking

N/A

409MI – Showing 8.04% Return

Key Investment considerations:

- Lease term 25 years from 1st September 2019

- Current rent $118,716.11

- Outgoings paid by tenant

- Approximately 4,000 sqm site

- High visibility

- Showing 8.04% return on the asking price.

Investment motels in this price range are much sought after

Annual Rent: $118,716.11 plus GST

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 409MI (quote when enquiring)

Location: Cowra is a town of 9,500 people situated on the Lachlan River, 320 km west of Sydney at the junction of the Mid Western and Olympic Highways. It is the commercial and administrative centre of a shire in which the major industries are livestock, wool scouring, vegetable growing and processing, vineyards, furniture making and tourism.

The Cowra region has so much to offer everyone and there is always plenty to do. You will encounter beautiful parks and gardens, the flowing Lachlan River, national parks and some of the best wine and food in Australia.

Cowra has a vibrant and expanding retail and commercial centre. It boasts the services and facilities you would expect to find in a larger town while still retaining that wonderful feeling of country hospitality. It is also centrally located and easily linkable to the rest of the state with direct lines to all major cities in south eastern Australia.

Property Code: 3078

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


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