This is an outstanding opportunity to secure a well-established motel complex, with strong long-term lease security. It offers a combination of quality accommodation and an owners residence. This property is ideally positioned within easy walking distance of the town centre and local amenities.
Property Highlights
• Freehold title with Commercial/Residential zoning
• Total land area- 2,846m² (approx.)
• Total motel building area- 700m² (approx.)
• Long-term lease agreement in place until 2044
• Well-maintained and presented in immaculate condition throughout
• Ample on-site guest and owner parking
• Walking distance to shops, restaurants, services and town amenities
Lease hold Residence
The immaculately presented, spacious two-storey residence provides comfortable on-site living and features:
• Three generous bedrooms
• Two bathrooms
• Open-plan dining and living area - separate well appointed kitchen
• Neutral décor throughout
• Large reception area
• Detached double garaging with separate room
Accommodation Facilities
The motel comprises 13 quality guest units configured as follows-
• 7 Studio Units
• 5 One-Bedroom Units
• 1 Two-Bedroom Unit
All units are presented in excellent condition with neutral décor, offering broad appeal to both corporate and leisure travellers.
Investment Features
• Established accommodation with easy access to business location
• Secure long-term lease providing stable income potential
• Diverse units catering to a wide range of guests
• Significant freehold landholding
• Strong investor appeal
• Low-maintenance grounds
Opportunity
Properties offering a combination of freehold land and buildings, substantial land area, quality accommodation, owner's residence and long-term lease security, are increasingly difficult to find. This is an exceptional opportunity for investors seeking a passive income stream in a desirable location. Inspection is highly recommended.