Seldom available is the freehold land and buildings of a motel providing an investor an excellent passive investment opportunity.
The property is well leased long term providing you with a rental income for the next 23 years.
2 yearly rent reviews.
High profile corner site location on a main arterial, providing easy direct access to the Central City and is handy to Wolfbrook Arena and Addington Raceway.
The complex consists of 15 units plus the business owner's home.
Exterior renovated this year.
Lessee pays all outgoings.
(approx.*)
Call Adrian Raine on 021 344 246 for more information.