The freehold passive investment of a 4 Star Motel including the popular Seasons Restaurant set on a beautifully landscaped block with superb main road exposure. Facilities include resort style pool, undercover parking ad close to shopping area. Extensive room and restaurant refurbishment in 2019 and 2020.
$60k+ depreciation allowance.
All outgoings paid by tenant excluding land tax.
Annual Rental - $403,226 + GST
Land Size - 4341 m2.