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Address available on request Toowoomba City, QLD 4350

Address available on request,
Toowoomba City, QLD 4350

Hotel, Motel & Leisure

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2565MI - Rare High-Quality Motel Investment Opportunity

- High Standard 4 star motel

- 18 quality units

- 30 year Lease at settlement

- Excellent business

- Lease term and rent adjusted for sustainability of tenant

- Excellent experienced tenant

- Brick construction

- All outgoings paid by tenant

- Minimal maintenance requirements

- Strong 7.6% Return

- Exceptional and rare Motel Investment opportunity in Toowoomba

- Contact us now for further details

On offer is the Freehold Investment interest of the outstanding Motel situated in the ever-growing town of Toowoomba.

This highly regarded 4 star motel was built to high standard and has been maintained in excellent condition. The Motel offers 18 stylish, well-appointed rooms, a large four bedroom residence, salt water pool with a spa and an undercover barbeque area for inhouse guests. The well-maintained grounds are low maintenance.

The lease length and rent component will be adjusted at settlement to ensure the tenancy is sustainable well into the future.

Toowoomba is a major regional town with a population of approximately 150,000. The town has high quality private and public schools, excellent hospitals, the new international ready airport and everything else one would expect, and more from a major regional town.

Investments of this calibre are rare - especially in this town, it won't be for sale for long.

Annual Rent: $160,000 plus GST

Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2565MI (quote when enquiring)

Property Code: 3086

Toowoomba City, 4350 demographic data

The median household income for Toowoomba City is $1,084, 28% lower than Regional Queensland's household income of $1,507. Toowoomba City has a similar age profile compared to the rest of Regional Queensland (median age 41). Property ownership data shows 47% of property owners in Toowoomba City have a mortgage.

2,321
Population
$1,084 per week
Median household income
41 years
Median age
Renters
Most residents
Singles
Most households
1300 512 5...
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Address available on request
Toowoomba City, QLD 4350
Tourism Brokers - NSW, QLD, VIC & TAS
Centralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119

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