We offer for the first time a magnificent 41 unit Motor Inn complete with indoor/outdoor fully licensed restaurant and three bedroom Owner accommodation plus poolThis property is located in the heart of the busy mining centre of Mackay which has a population of 80,000 people and the Motel is built on 4710m2Although the Motel was originally built in 1982, the current Vendors have added more rooms, replaced the roof and completely refurbished the property which cost approximately $1,800,000Outstanding experienced Lessee (with other interests in the Motel industry within Mackay).30 year lease with 2 x 10 year optionsRent, $602,000 plus GST, this shows a yield of 8.85% Nett:$1,380,000