Spanish Lace Motor Inn - Leasehold Opportunity
Ray White Commercial are pleased to offer the refurbished Spanish Lace Motor Inn for sale (leasehold).
The key features of the motel include:
-25 air conditioned rooms ranging between twin bed to large self contained family suites
-3 pet friendly rooms
-Commercial kitchen for room service and in house restaurant
-In ground pool and separate pet off leash area
-3 bedroom managers residence
The current owner has invested $175,000 into the refurbishment and has a 10 year lease with 4 x 5 year options at $104,000 p.a. net + GST.
For more information please contact marketing agents Ray White Commercial.