Freehold Investment Opportunity!

Freehold Investment Opportunity!
$ 1,700,000
North East Vic - Busy Tourist Town
Chris Rix
Investment, Motel
Description

Prime location in picturesque tourist village.  One of North / East Victoria's busiest tourist towns with a business base as well.  This freehold building is rock solid and in excellent condition throughout.  27 units, a large three bedroom residence and delightful restaurant (rarely utilised).  Market rental of $126,600 per annum excluding GST and approximately 18 years remaining on the lease to a long term tenant.  Great value at $1.7 Million!

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