Profitable Motel in Innisfail for sale

A passive investment in a motel in Innisfail for sale that is located in Queensland, a largely agricultural city in the High North, which continues to be populated by people who are protected from the COVID-19.

What will you get buying this motel business for sale in Australia?

The 14-room ready motel business for sale was a regular merchant and all expenses were paid by the tenant. The landlord ran the motel for a long time, but then sold the first lease in 2012. Prior to that, he spent a lot of money preparing real estate for sale.

The motel has new water heaters, a new roof, nice new underground plumbing, new electrical wiring, and new split air conditioners. The property is now in excellent condition and is offered a yield of 8.1%.