49 GEORGE STREET, WALLUMBILLAFOR LEASE $585,000 ( vendor will consider a trade)
... a touch of class in idyllic surroundings!
This is truly an outstanding offering set in a rural western country town. The 10 cabins are only 6 years old & still present as new ( see TripAdvisor comments). The Wallumbilla Cabin Park has a long 31 year lease term & provides an incredible 38% return on investment! The cabins run at 75%+ & the 3 apartments are permanently let with the tenants (Edu. Qld.) paying all outgoings therefore operating costs are greatly reduced from the norm. No restaurant but does offer continental breakfast to rooms upon request.
- Property ID: 3388
- Occupancy: VACANT
- Whole or Part Building: WHOLE
- Frontage: s
- Available: September 14, 2017
- Term of Lease: 31 Years
- Property type: HOTEL / LEISURE
- Listing type: FOR LEASE
- Land Size: Square
- Carspaces: 10