ACQUIRE THIS 8.7% PASSIVE INVESTMENT MOTEL WITH A BRAND NEW 30-YEAR LEASE | Resort Brokers ID : INV008165
$4,850,000
Motel (Freehold) hospitality, BILOELA QLD
ResortBrokers introduces the Biloela Countryman Motel, a high-yielding investment on the Burnett Highway. This 40-room motel, including 28 units and 12 self-contained cabins, is a rare find.
Situated on a large parcel of land, it offers ample parking for large vehicles. The motel comes with a new, modern 30-year lease, ensuring long-term investment security. Located in Biloela, a strong motel town with promising future growth, this is an opportunity not to be missed.
- 40-room motel, including 28 motel units and 12 self-contained cabins, presents a rare investment opportunity.
- Located in Biloela, a strong motel town with promising future growth due to local projects.
- High-yielding investment motel, a hard-to-come-by asset in the current market.
- Situated on a large land parcel, providing ample off-street parking for large vehicles and trailers.
- Comes with a brand new, modern 30-year lease, ensuring long-term investment security.
- Inspection by appointment only.
Date updated: 28 Apr 2024 23:00:07
More Information
- Total Purchase Price: $4,850,000
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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Number of units the manager is authorised to manage.
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This is the body corporate caretaker salary. It is included in the Net Income above.
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Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
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Can the manager own a pet on site?