Business NO.:
3280544
Status:
Sold
Price:
FH Inv. 2 Motels $2,200,000
Updated on:
11/10/2023
Two Motels in Cloncurry – Freehold Only Passive Investment - 1P4682M
Motel | Business for Sale | Cloncurry
CRE Brokers are pleased to be appointed Exclusive Agents for this Investment opportunity in Cloncurry. Two Freehold Motels totalling 42 rooms with very high occupancy with a new 30 Year Lease.
The business is managed form one location and the two Motels are around the corner from each other.
This is an opportunity for a passive investment with a CPI annual rent review and great long-term prospects as the majority of the clientele are Government contractors and corporate guests working in surrounding industries and Government projects.
For more details, please email broker or call agents.
4/10 Lakewood Boulevard, Carrum Downs, VIC 3201
