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UNIT LEASEHOLD MOTEL:
In large Qld coastal city. Lease was 25years less current owners
five years. This city has just had massive expansions announced
costing billions of dollars. Recent occupancy boosted by large
company booking all rooms, seven days per week on a 12 mth contract
with options. Although the restaurant is not operating it can
be reopened and the licence and liquor licence is still in place.
The building has just had a new roof, swimming pool refurbished,
rooms retiled and driveway re-bitumenised. With
nothing to spend and income guaranteed it's excel. buying at $550,000
to make an enry click
on i
