FANTASTIC PASSIVE INVESTMENT MOTEL RESTAURANT CAFE NET RENTAL INCOME $104,000 PA

George Town TAS
Asking Price O/O $1,990 Million
About
Passive Rental Income

We are excited to offer an outstanding passive investment opportunity in the booming country town of the Northern Tasmanian region.

York Cove Motel, also popularly known in the past as Crazy Duck Restaurant, is a venue overlooking the beautiful York Cove, marina and Tamar River.

New tenant is opening the venue, long lease in place.

The property has the following unique features:

>Maginificent unbeatable views.

>New Restaurant opening-Comprises of approx 120-seat restaurant.

>Accommodation- 2 self contained & 3 studio apartments.

>Large conference room.

>Outdoor swimming pool.

>Marina.

>Significant improvements are being made on the property.

Asking offers over $1,990 Million.

If you are looking for a passive investment opportunity then look no further, some vendor finance is available for qualified investors.

Lodge an enquiry or email our professional business brokers for an inspection. Phone Praveen Pant xxxxx or contact Paul Scott at xxxxx email: xxxxx

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

NOTE: All figures are approximate.
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