MOTEL INVESTMENT IN CITY CENTRE - NORTHERN RIVERS DISTRICT

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Description: Near new motel investment in city centre next door to club. This property is quality throughout with high quality, long term tenant. Superb investment.

Star Standard: 4 Star

Construction: Brick and concrete with concrete floors. 3 floors with lift. City centre location. Immaculate inspection - quality fixtures and fittings throughout. Larger than average rooms. Very modern presentation.

Residence: 3 bedroom with built-ins. Private kitchen, open plan living with surrounding tile covered verandah and undercover garage. Huge residence above reception.

Age: Built 2005

Clientele: Very large rep trade, workers, tourists.

Land Area: 1,860sqm approx.

Rental: $445,210 per annum as at 7th June, 2019

Chain Affiliation: No

Lease Term: 15 years remaining

Laundry: Domestic equipment. All linen hired.

Restaurant: Yes - Seats 35. Full commercial kitchen - highest quality.

Services: Full Room Service - Breakfast & dinner, Microwave Ovens, undercover parking with 44 spaces and 24 hour security surveillance, split system reverse cycle air-conditioning, guest laundry, Austar, broadband, licensed mini-bar, fire rated.

Comment: Delightfully presented investment motel. One of the newest in the city. Adjacent to large club. Best investment listing on the market. Just listed - exclusive to Manenti Quinlan & Associates.

MQ Property ID:
4821597

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