Port Fairy     $1,420,000  

Port Fairy Ashmont Motel

47 Bank Street


This opportunity is strictly about the mathematics and once calculated you will realise a great opportunity awaits. This 10 year old Motel has been built to keep in sympathy with Port Fairys rich heritage. The location is fantastic ensuring a continuing strong tenancy and healthy yields. The building allowance/depreciation benefits are an additional incentive for the purchaser of this wise investment.

14 Units

Current Rental: $113,800 pa plus GST
Units: 14 units
3 BR residence
Rating: 4 Star
Lease Term: 21 years
Market Reviews: 5 yearly (next due 2/10/2012)
Building Allowance: $40,000 (approximately)

For further information in relation to this property, please dont hesitate to call Paul Ross 0439 681900 or Di MacKirdy 0400625501.

Property Details



Contact Details
Agent  Paul Ross
Phone:   03 5568 1904
Mobile:  0439 681900



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