Freehold or Leasehold Motel for Sale in Toowoomba QLD

It is located right opposite to Clifford Park racecourse, consisting of 19 fully furnished units.

* 2 x 3-bedroom apartment
* 2 x 2-bedroom apartment
* 14 x 1 bedroom apartment
* 1 x family room
* 3-bedroom manager unit
* Storage,
* Communal area,
* Lots of parking.
* Pool
* Laundry Room
2024-2025 FY Net rev: $416.734, occ: 61%
Net revenue can easily be over 600k if you target long term tenancy.

Leasehold price 900K, rent 200K
Freehold price $5.500.000

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For more details, please email listing owner.