199 GLEN OSMOND ROAD, FREWVILLE, 5063, South Australia

  • 1sqm
17649360.full
Email Agent



Subject: 199 GLEN OSMOND ROAD, FREWVILLE, 5063, South Australia

For sale

EXPRESSIONS OF INTEREST CLOSING 7TH DECEMBER 2017

PRINCES HIGHWAY MOTEL - FREEHOLD ONLY - EXCELLENT INVESTMENT OPPORTUNITY - PR...

Property ID: 18201440

SITE AREA OF 1622 SQM APPROX WITH VALUABLE DUAL STREET FRONTAGE

25 UNIT MOTEL, 2 BEDROOM OWNWERS RESIDENCE, HOUSE LAUNDRY, GARAGING AND AMPLE ON SITE CARPARKING

LEASED TO EXPERIENCED MOTEL OPERATOR TO 30/06/2020 WITH 2 RIGHTS OF RENEWAL TOTALLING 15 YEARS (10+5)

CURRENT NET RENTAL IS $124,331.73 PER ANNUM

LESSEE PAYS ALL OUTGOINGS AND BUILDING INSURANCE

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH DECEMBER 2017 (USB)

FOR FURTHER DETAILS AND INSPECTION ARRANGEMENTS PLEASE CONTACT: BOYD OCTOMAN M:0418 829 360 E: [email protected]

Building / Floor Area1 sqm
Land Area1,622.0 sqm
Lease End30 June 2020
ZoningBU GOR
TenantedYes
www.mapsembed.com

Why Raine & Horne Commercial?

Raine & Horne Commercial knows local and regional property markets intimately, with the support and systems of a long-established national and international property group. Our clients benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.