53/50 Mitchell Street
Darwin NT 0800

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Ray White Darwin

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The Value Inn is located on Mitchell Street the hub of tourism in Darwin and right in the city.
An excellent investment, 3 years remain on the lease until 2010.

No hassles lessee does it all!
3 years remaining until June 2010

This is a wonderful opportunity for the astute investor to invest in the CBD of Darwin.

The Value Inn caters for overnight and short term accommodation.

Room 53 is air-conditioned and furnished with a queen size bed and a single bed and features an en-suite.

The property is leased to the hotel operator until June 2010 with the following returns :
July 2007 June 2008 - $8,150.00 pa
July 2008 June 2009 - $8,285.00 pa
July 2009 June 2010 - $8,420.00 pa

There is only a small $400,00 maintenance levy (paid annually) and all other outgoings are paid by the Hotel operator. That's fantastic!!

If you are looking for an affordable investment with a good return and long lease, call today or log onto the Value Inn website http://valueinn.com.au

Body Corp: $400.00 pa (approx)

Unit Area: 12m

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