overview

  • 1P4007
  • Leisure
  • For Sale
  • 3185 sqm
  • 14080 sqm
  • 104.11 metre

Description

Excellent Regional Freehold Motel Investment
The EconoLodge Port Augusta is an excellent regional investment and boasts the following features:

- 45 ground floor units
- Fully licensed restaurant
- 4-bedroom residence and 3-bedroom apartment
- Long secure lease of 40 years (10+10+10+10)
- Annual income of $250,000* plus GST and outgoings
- Well equipped commercial kitchen and laundry
- Huge land holding with frontage to National Highway One
- CPI and Market reviews
- No Stamp Duty or GST

For Sale by Expressions of Interest closing Friday 20 September 2024 at 4pm.

For further details on this freehold motel or to arrange an inspection, which is strictly by appointment only, contact Boyd Octoman of McGees Property (RLA 1722).

(* approx.)

Enquiry Form