FOR LEASE $595,000 (38.6% return)
AMAZING 38.6% RETURN ON INVESTMENT!! 3 ½ Star, 665 km northwest of Sydney
The leasehold interest of 22 units including pool, BBQ, WIFI, 32" flat screen televisions to all rooms and FOXTEL. 200m to hospital, short walk to artesian spa pools, stroll to CBD & located opposite Tourism Centre.
Occupancy - 75%+
Turnover - $552,281 for 2017
Annual Rental - $114,413(2017) exclusive GST
Net Profit -$229,616 (38.6% return on investment!!!)
Exceptional opportunity to purchase this high yielding leasehold business with an excellent annual rent being only 21% of turnover.
- Property ID: 3116
- Occupancy: VACANT
- Whole or Part Building: WHOLE
- Available: NOW
- Current Lease End Date: 01-01-2017
- Term of Lease: 25 Years
- Property type: HOTEL / LEISURE
- Listing type: FOR LEASE