8.33% return, 30 year lease.
An exciting opportunity exists to acquire motel property in the tightly held market of Griffith, NSW. The Acacia Motel is a landmark property on the Kidman Way, with high traffic exposure and close to city centre. Key features that are likely to appeal to astute investors include long term lease arrangement (30 yrs), strong return of $175,000 pa, indexed CPI increases every year, excellent location, 30 modern ground floor units and stable earnings platform with a history of strong cash flow generation.