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Investment Motel - 1p4781m

Commercial Property for Sale
Newtown QLD

Overlooking Clifford Park Racecourse in Newtown, Toowoomba, this Investment Motel is a gift.

Price $868,000

Investment Motel - 1P4781M

Stock Included:
Stock Value:
Years Est:
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EXCLUSIVE TO CRE BROKERS. Freehold Investment Motel presented to the market for the first time in fifteen years. Having served the current owner well, this thirty-two year old Motel has a consistent and strong investment performance.

Located in the Toowoomba suburb of Newtown and overlooking the Clifford Park Racecourse, this Motel is the first stop for out-of-town horse racing enthusiasts and boasts an occupancy that is the envy of similar Motels with the rate typically running at 85%.

A nine room motel with three Queen Rooms, four Twin Rooms three of which are located on the ground floor, one Twin Apartment and one Family Room. Ample on-site parking is provided and, with such good bones, this building is a workhorse with potential.

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Contact: Peter Sagner
Phone: 07 5371 0165
Mobile: 0401 814 404
Bsale ID: 273098




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