Leasehold - Huge price reduction due to health reasons. Now Yielding 44% (id: CM JIM)
Do not hesitate to secure this wonderful opportunity to acquire a mix of motel, studio units and apartments.
Cherry capital of New South Wales.
- 22 units of which there are 15 studio units, 6 x 2 bedroom apartments & 1 x 1 bedroom apartment
- managers residence: 2 bedroom (each with ensuite and built-ins)
- Sound rental level – only 43% of total net profit
- Well presented property in great location
- Steady occupancy and revenue growth for the past 3 years
- Easy to manage property
- 24 years remaining on lease
- For further details contact Jim McDonald: 0433 143 308 Email:email@example.com
- 2015/2016: $582,349
- 2015/2016: $217,000