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Address available on request North Ward, QLD 4810

Address available on request,
North Ward, QLD 4810

Hotel, Motel & Leisure

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Outstanding Freehold Investment Motel in Townsville

On offer is the freehold investment of the Comfort Inn Robert Towns Motel which is located in Townsville North Queensland.

The Motel is currently owned by a Company who want to sell the freehold investment and keep the lease.

Th Motel comprises 47 rooms over various types and also offers a restaurant, a conference centre and a lovely swimming pool.

This Motel trades exceptionally well and the Tenant is a very well experienced operator.

The Motel has been fully refurbished and presents to a very high 4 star quality.

Rental income is $305,190 plus GST offering a return on investment of 8.5%.

Book an inspection as this investment will not last long.

There 28 years to run on the lease

North Ward, 4810 demographic data

North Ward and Regional Queensland have similar median household incomes, at $1,500. North Ward has a younger age profile compared to the rest of Regional Queensland (median age 40 vs 41). Property ownership data shows 42% of property owners in North Ward have a mortgage.

5,073
Population
$1,500 per week
Median household income
40 years
Median age
Renters
Most residents
Families
Most households
0408 2252...
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Address available on request
North Ward, QLD 4810

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