FOR SALE $5,600,000
*PASSIVE INVESTMENT* 4 Star, located in large regional city of Toowoomba
The freehold passive investment of a 4 Star Motel including the popular Seasons Restaurant set on a beautifully landscaped block with superb main road exposure. Facilities include resort style pool, undercover parking ad close to shopping area. Extensive room and restaurant refurbishment in 2019 and 2020.
$60k+ depreciation allowance.
All outgoings paid by tenant excluding land tax.
Annual Rental - $403,226 + GST
Land Size - 4341 m2.
- Property ID: 3894
- Occupancy: LEASED
- Whole or Part Building: WHOLE
- Frontage: m
- Available: NOW
- Current Lease End Date: 1st Jul 2029
- Term of Lease: 15 Years
- Property type: HOTEL / LEISURE
- Listing type: FOR SALE
- Land Size: 4341 Metres²
- Carspaces: 38
- Outgoings Paid by: TENANT