Freehold Investment – Mid City Motor Lodge, Orange

• Freehold hotel investment in the heart of Orange CBD

• Secure lease until 31 December 2023 with 4 x 5 year options

• $317,441 pa in passive rental income with imminent CPI rent review

• Potential, additional $25k pa income via vacant retail shop

Substantial Freehold Site with Development Potential

• Prominent CBD landholding of 4,147 sqm in a prime location

• DA approved for a 4 story, 105 room hotel with associated facilities

• Superbly located in the commercial and retail heart of Orange

• Passive investment underpinned by great long-term value-add

Regional Hub & Top Tourist Destination

• Orange is a vibrant regional city, capital of the Central West Region

• 255 kms from Sydney, within a convenient 3.5 hr drive time

• Consistently a top five destination for regional NSW tourists

• 4.4 million visitors to the region annually, along with strong population growth

• Walking distance to the retail, dining and entertainment precinct

Established & Popular Hotel – Successful Tenant

• One of the leading accommodation offerings in Orange

• Comprising 45 well-appointed rooms plus restaurant and retail

• Experienced tenant, successful business operation