A great investment! Purchase the freehold on this Residence and Motel and reap the rewards. Showing around 7.5% nett return on the asking price, this is a solid bricks and mortar investment that is much better than money in the bank.
The business component is currently under lease to professional managers on a 5x5x5x5 arrangement. The property comprises a bigger than usual 3 bedroom residence which is truly spacious, a commercial kitchen and 16 motel rooms (including several interconnecting) on a huge block with heated indoor pool. The property has been well maintained and presents well with landscaped grounds. Premium location on the highway at Pambula village is a real bonus too..
This is a great opportunity for the astute purchaser to secure a sound investment property with a very good cash return. Genuine enquiries most welcome.