Freehold PASSIVE INVESTMENT WITH LONG LEASE AND OUTSTANDING ROI
Atherton, QLD, QLD
Description
Freehold PASSIVE INVESTMENT WITH LONG LEASE AND OUTSTANDING ROI Offered exclusively by ResortBrokers® is the rare opportunity to acquire the freehold passive investment of the Atherton Hinterland Motel. Comprising 17 well-maintained rooms, the motel offers a good mixture of queen and family-style rooms. The business offers an opportunity to make the most out of a thriving business with a 30-year lease in place with 24 years from settlement remaining. This opportunity shows an 8.7% ROI and will not last long! Sold as a Freehold Passive Investment Great location within the Atherton Tablelands region of Far North Queensland Strong corporate clientele and repeat guests 80% occupancy Long 30-years lease with 24 years remaining on settlement Neatly appointed 17 rooms with more land for development Property inspections are by appointment only
Financials
- Asking price
- $1,150,000
- Net profit
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- Revenue
- —
- Profit multiple
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- Revenue multiple
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Agent
Trudy Crooks
