With a freehold land area of 1,518 square meters this property has two freehold titles with three street access. The hotel/motel currently is under a 5 year plus 5 year lease and returning a better than 10% return to the sellers. This is something that all bankers and accountants love to see- better than 10% return! Biggenden is a growing country town, just 1 hour west of Bundaberg with major expansion happening with new subdivisions, hospital, meat works and even has excellent liveweight and store sales yards approximately 1,500 head. Just recapping on the major points:
1,518m2
Freehold
Two titles
3 street access
5 year lease with the option of another 5 years
Experienced and committed lessee
Consistent occupancy in motel
Drive through bottle shop
Returning better than 10%
1 hour to the coast
Some vendor finance available
Building in excellent order
Very well presented
Healthy area growth

To find out more about this property call Raine and Horne Rural on 07 41511505 or Dave Read on mobile 0405252135 or Bob Christsen on 07 41514500 or mobile 0408787513