|Golden Orange Hotel/Motel|
|PRICE: $2,750,000 GST Exempt|
DESCRIPTION: Freehold Regional Queensland Hotel/Motel - Gayndah
Passive Commercial Investment with a 9.6% net return
This Freehold Hotel/Motel consists of 23 double/twin/family units all with en-suites, a fully licensed restaurant, hotel with public bar, lounge bar, Keno, TAB and a gaming area.
The complex is situated on 6,717m2 of land zoned business, right in the centre of Gayndah.
Also included in the asking price is a residential property next door on a separate title.
A new 30 year lease will be in place at settlement with all outgoings paid by the Lessee.
Lovely regional township in the heart of the citrus farming area of Queensland.
First Class Presentation - Excellent Investment