NEW 30 YEAR LEASE ON 19 ROOM MOTEL SHOWING 42% RETURN IN NORTH QUEENSLAND
We are very pleased to offer for sale, the leasehold interest of the Motel Ingham in North Queensland.
On offer is a very well presented Motel with a new 30 year lease at settlement.
The property comprises 19 ground floor rooms, and presents as a high quality Motel.
Enjoying a high level of repeat guests, occupancy continues to grow in this property. A beautifully presented Motel, a great lifestyle awaits new owners.
There are beautifully landscaped gardens and a swimming pool with BBQ area available and undercover parking for all guests.
With consistent and growing occupancy and revenue, this Motel will suit all buyers wanting to enter the very solid market in North Queensland.
This property would be ideal to purchase and split off a new lease and retain the freehold as a passive investment.
The freehold interest of this property is also available.