Quality VIC Leasehold Motel - 1P4655M
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Offering an excellent (approx.) 33.8% buyers yield to the purchaser, the Regency Court Motel is a strong performing 12 unit business that ticks all the boxes.
A member of the Golden Chain Motel group this beautifully presented Motel offers excellent returns and a sought after central location in the heart of the shopping precinct.
So much on offer here, the Motel features 12 well-appointed rooms with a diverse range of accommodation options, in ground swimming pool, relaxing outdoor BBQ area, a 2 bedroom manager / owner residence, new Motel front façade and signage, beautifully landscaped gardens and ample guest parking.
* 33.8% (approx.) Buyers Yield
* Long lease with excellent terms and a landlord that invests in the building
* Quality bathroom refurbishment of all 12 rooms completed in 2019/2020
* An excellent balance of corporate/tourist trade across the week
Ideal for the owner/operator. A great business and a real must to consider.
Contact Dan McDonald today at CRE Brokers to arrange your inspection of this very tidy Motel.