FREEHOLD INVESTMENT MOTEL SHOWING 8.8% RETURN. 35 ROOMS, ONLY 11 YEARS OLD.
We are pleased to offer the freehold investment of the Blackwater Motor Inn.
This Motel consists of a total of 35 rooms including 2 family units of 2 bedrooms.
The Motel was built in 2007 and presents in excellent condition. It has been maintained very well and has already had a full repaint.
The Tenant has been at the property for 6 years and now has a new 25 year lease in place.
This Motel investment will show a healthy 8.8% return with the Tenant paying all outgoings.
Featuring a seasonal outdoor pool, free breakfast on weekdays, a restaurant and a bar, Blackwater Motor Inn is just 3 km from Sagittarius Train Station. Set in lovely gardens, it offers air-conditioned rooms with a flat-screen TV.