1333MI - Quality Motel Freehold Investment

SOLD

This 21 unit Motel is offered as an ideal investment opportunity.
A new tenant with a 5 year lease and 5 x 5 year options (30 years).
Current rental $5,000 per month + GST with a fixed 2.5% annual increase.
Located a short distance off the Highway, it enjoys a tranquil setting.
This Motel was built in the 90's with low maintenance in mind..

This Motel is well maintained by the current tenant with excellent facilities and a regular clientele.
In a great location this freehold investment property will not last long.
A great opportunity to increase your portfolio, with 30 years remaining on the lease.
Call to arrange an appointment.

Rental: $60,000 plus GST per annum

Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1333MI (quote when enquiring)

Location: Tocumwal NSW

Tocumwal is a bridge between two states, located on the Murray River between NSW and Victoria and is 257 km from Melbourne, Victoria and is the first stop on one of Australia's major inland routes, the Newell Highway.

An ideal spot from which to explore the region, enjoy exceptional food and wine, get a rush from water sports and flying adventures, relax while bushwalking and camping or visit museums on your hunt for antiques and collectables.

Tocumwal's river foreshore reserve provides ready access to the Murray River from the Main Street, which is full of character and olde world charm. Discover the magnificent 36 hole championship golf course, go gliding from the historic aerodrome or visit one of the many cafes or historic pubs for a hearty country meal and a chat with some of the locals. A visit to Tocumwal is not complete without taking a photo with the giant Murray Cod on the Tocumwal foreshore

Tocumwal and surrounding towns within Sun Country on the Murray are home to some of the finest seasonal produce this country grows. This produce makes its way to the region's many restaurants and eateries for you to savour and enjoy.

Price	SOLD
Location	Tocumwal
Property ID	1333MI
Category

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
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Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

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