North Ward, QLD 4810

Region: QLD - Townsville/Mac

Sale Type: Motels - Freehold Investment

Sold

$3,600,000

Profit: $340,000

Outstanding Freehold Investment Motel in Townsville

On offer is the freehold investment of the Comfort Inn Robert Towns Motel which is located in Townsville North Queensland.

The Motel is currently owned by a Company who want to sell the freehold investment and keep the lease.

Th Motel comprises 47 rooms over various types and also offers a restaurant, a conference centre and a lovely swimming pool.

This Motel trades exceptionally well and the Tenant is a very well experienced operator.

The Motel has been fully refurbished and presents to a very high 4 star quality.

Rental income is $305,190 plus GST offering a return on investment of 8.5%.

Book an inspection as this investment will not last long.

There 28 years to run on the lease

Details

  • Listing ID: R2-1490680
  • Property Type: Motels
  • Sale Type: Freehold Investment
  • Region: QLD - Townsville/Mac
  • Suburb: North Ward, QLD 4810

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