Freehold West Coast Motel is available for purchase, with a lease in place.
* The lease is in place until 14 April 2020 and has four, five year options to extend. The net rental from the lease is $120,000 per annum plus GST and outgoings. The rent is indexed annually with CPI.
* The Motel is operated by a local business.
* Total land size is 2.011 hectares* situated 750m* from the Railway Museum & Wilderness Train Station and 850m* from the Queenstown shopping & commercial precinct.
* The Motel is located on the Lyell Highway in Queenstown, which is a major tourist route on the Tasmanian West Coast. The Motel has a main road frontage and is the first Queenstown motel when driving into Queenstown from the north.
* Originally constructed circa 1962* this Motel provides 56* accommodation rooms, each with an ensuite bathroom, spread over three (3) accommodation wings on two (2) levels.
* The main building is centrally located and comprises a reception, office, licensed restaurant with bar and feature fire-place. The property also contains a commercial kitchen & guests toilet amenities.
* A laundry is located at the rear of the site.
* The Motel is accessed by a sealed drive-through apron. Multiple car parking bays are available on the property.
For Sale by Expression of Interest
* Approximate Details
* Indicative map location only
* Photos are indicative only
Inspection by appointment only
All enquiries contact John Barwick of Robert Commercial Hobart or Wendy van Balen of Roberts Queenstown
