Freehold Opportunity – Outstanding Opportunity A beautifully presented corporate Motel in the heart of Townsville. The property commands a prominent corner position close to Government Buildings, CBD, Mall Precint,The Strand and tourist areas. The Motel is currently leased over a 25 year period with 19 years to run, adjoining the motel is a vacant block of land with future development potential , the vendor previously had investigated to build 12 x 2 bedroom dual keyed serviced apartments. Rare Freehold offering in Townsville 47 corporate style 4.5 star rooms Restuarant, conference room, gym Prominent CDB location Land – Motel 1979 square metres Land – Vacant Land 1012 square metres Potential to improve with future development Current lease rent $325,000 + GST reviewed to CPI annually Total Price $4,250,000 Motel $3,610,000 Land $640,000 for further information on this Freehold Investment please contact Exclusive Agent – David Rotheram0414 706 600david@mrsales.com.au for further listings visit our website www.mrsales.com.au