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2571MI - High Quality RARE 4 Star Freehold Passive Invest...

TOOWOOMBA CITY QLD, 4350

For Sale

Property for Sale in TOOWOOMBA CITY QLD, 4350

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11365578
Status:
Active
For:
Sale
Price:
Investment $3,200,000 firm
Last Updated:
25/06/2020
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Property Type

Hotel/Leisure
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Land Area

N/A
Icon size

Floor Area

1 SQM
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Parking

N/A

2571MI - High Quality RARE 4 Star Freehold Passive Investment Motel

- Located in a very good motel town with high demand for Investment properties like this.

- 4 star quality motel.

- 21 well-appointed and spacious rooms.

- Maintained to high order.

- All rooms have undercover parking.

- Regular repeat mixed clientele.

- Minimal maintenance.

- 30 seat licensed restaurant.

- Very large residence, two living areas, four bedrooms, two bathrooms.

- Good Lease just under 25 years.

- Rent at $248,094 offering a 7.5% ROI.

On offer is the Freehold Investment interest of this outstanding motel situated in the ever-growing town of Toowoomba.

This high quality four star, all ground floor, 21 room, motel in this ever growing and developing regional town. Located on a main highway and just a few minutes’ drive to all Toowoomba has to offer. You cannot fail to be impressed as you walk or drive into this property.

The motel has a substantial residence with two large living areas, a large kitchen, four bedrooms, two bathrooms, dual living areas, undercover parking and a small secure fenced outside area.

Guests enjoy access to the saltwater pool, Foxtel, high speed NBN, room service breakfast and can enjoy an evening meal and a drink if they choose in the 30-seat licensed restaurant.

Toowoomba is a major regional town with a growing population of approximately 150,000. The town has quality private and public schools, major shopping centres and everything else one would expect, and more from a large regional town. Medically the town boasts excellent hospitals, and the new Wellcamp international ready airport that currently fly’s to Sydney, Melbourne and Townsville and is growing rapidly.

The recently opened second range crossing/bypass will bring additional trade to the motel as Boundary Street is one of only two exits from both east and west into Toowoomba from the bypass.

Investments of this calibre are rare – especially in this town, it won’t be for sale for long! Give me a call today, this superb motel is worth serious consideration.

Annual Rent $248,094 plus GST

Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2571MI (quote when enquiring)

Property Code: 3254

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


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