A rare opportunity to purchase a fully functioning motel producing $200,000 of income without owner assistance. This property has has a previous DA application submitted for 14×3 bed 2 story townhouses and a 1×2 bed 1 story villa. The property would also suit a small redevelopment to turn the units into self contained one bedroom units and lease them out, with one bedroom units renting for $250 – $270 per week in the area. Offered to the market at $2,500,000 or make an offer.

On behalf of the vendors and the entire team at Castle Property, I am very excited to introduce to you this outstanding opportunity.