St George QLD 4487

As EXCLUSIVE Brokers, we are very proud to have been appointed to market the freehold investment of the Jacaranda Country Motel for sale.

The Motel is a high 4 star property located in the Western Town of St. George in Queensland.

It comprises 18 high quality rooms and a very large and well designed 3 bedroom residence with a private fenced yard. It also has full reverse cycle air conditioning and verandahs on 2 sides.

There has been some major recent upgrades done by both the Vendor and the Tenant and there is nothing more to spend on the Motel.

The current rent is $173,000 plus GST per annum.

The Tenant pays all outgoings including Landlord Insurance and Land Tax.
A new Tenant has recently purchased the lease of the Motel with 14 years left to run.
This will offer a buyer upside once the Tenant settles and purchases extra lease options.

This is a standout investment of a high quality property.