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Hotel/Leisure For Sale found in EASTERN SUBURBS (METROPOLITAN), SA

PRINCES HIGHWAY MOTEL - FREEHOLD ONLY - EXCELLENT INVESTMENT...

Investment | Hotel/Leisure

SITE AREA OF 1622 SQM APPROX WITH VALUABLE DUAL STREET FRONTAGE
25 UNIT MOTEL, 2 BEDROOM OWNWERS RESIDENCE, HOUSE LAUNDRY, GARAGING AND AMPLE ON SITE CARPARKING
LEASED TO EXPERIENCED MOTEL OPERATOR TO 30/06/2020 WITH 2 RIGHTS OF RENEWAL TOTALLING 15 YEARS (10+5)
CURRENT NET RENTAL IS $124,331.73 PER ANNUM
LESSEE PAYS ALL OUTGOINGS AND BUILDING INSURANCE
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH DECEMBER 2017 (USB)
FOR FURTHER DETAILS AND INSPECTION ARRANGEMENTS PLEASE CONTACT: BOYD OCTOMAN M:0418 829 360 E: boyd.octoman@rhc.com.au

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Price: EXPRESSIONS OF INTEREST CLOSING 7TH DECEMBER 2017    Building: 1m²    Land: 1622m²

WELCOME INN 277 - LEASEHOLD & BUSINESS - NEW LONG TERM LEASE

Hotel/Leisure

WELL LOCATED BED and BREAKFAST MOTEL
MAIN ARTERIAL ROAD - PROMINENT CORNER LOCATION
26 UNITS OFFERING EXCELLENT VARIETY OF ACCOMMODATION STYLES
NEW 25 YEAR LEASE AT MARKET RENTAL
FULLY RENOVATED WITH STRONG TRADING HISTORY
WEB SITE: www.welcomeinn277.com.au
ASKING PRICE $550,000 PLUS SAV
FOR FURTHER DETAILS AND INSPECTION ARRANGEMENTS STRICTLY BY APPOINTMENT PLEASE CONTACT: BOYD OCTOMAN 0418 829 360

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Price: $550,000    Building: 1m²    Land: 1m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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