Investment Motel For Sale in Broken Hill NSW

PROPERTY DESCRIPTION

The investment interest in a 29 unit motel in Broken Hill with a-la-carte restaurant. There are 20 years remaining on lease (from 1/11/2010) and current Lessees enjoy a very profitable business.

RENT & OUTGOINGS

Rent is annually adjusted to c.p.i. increases, presently returning over 9.55% on listed sale price. The motel has a very successful profile & business & there is room for expansion. All expenses are paid by the Lessees. Ongoing renovations & additions ensure long term stability & security of investment property.

INVESTMENT OPPORTUNITY

This is an outstanding business investment opportunity which can be easily financed from the generous income, your super fund or other source whilst still providing a substantial net income.