Up to 60% vendor finance is available at home loan rates to the right buyer!
On offer is this high yielding motel lease. You will be able to walk in and start trading successfully thanks to the level of maintenance carried out by the current lessee and the landlord.
A major advantage of this fantastic lease hold motel is its function facilities. Perfect for functions, conferences, banquets and weddings of any size. The main function room can be enlarged or reduced to cater for most required configurations.
The current lessees have kept the property and fittings in good condition, having replaced beds, air conditioners, sofas, kitchen equipment, conference facilities and repainted some rooms. Furthermore, the landlord has indicated that he will put at least 10% of the rent back into improving the property.
Other features:
- Fixed Rent until 2016
- The restaurant can be sub leased if the new owner doesn’t want to run it.
- Security system
- Disabled room
- Spa room
- This is regarded as one the premier motels in this large, busy town on the Newell Highway.
- The new owners will enjoy an air conditioned 3 bedroom residence with new floor coverings.
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