Blackwater, QLD 4717

Region: QLD - North West

Sale Type: Motels - Freehold Investment

For Sale

$2,700,000

Profit: Under offer

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.

Details

  • Listing ID: R2-1556562
  • Property Type: Motels
  • Sale Type: Freehold Investment
  • Region: QLD - North West
  • Suburb: Blackwater, QLD 4717

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