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Sold

2616MF - Huge Upside and Continued Business Growth Ahead

SOLD

  • Lifestyle and cashflow, this has it all.
  • Guests part the car and walk to everything in the CBD and clubs.
  • Recently Refurbished and Making Solid Money.
  • The owners have done all the hard works and after extensive renovations and refurbishment works have recently been completed.
  • 12 rooms, 4 studio apartments, a luxury kitchen and spa apartment, a family room and a luxury 2 bedroom apartment. 
  • Situated on the main street in Broken Hill, around the corner from the Tourist Information Centre and one block from the CBD.
  • 1 bedroom residence with a one bed, lounge, ensuite with access to the main kitchen, reception, back office and food store. Could easily be converted with an adjoining self-contained motel unit with its own kitchenette to make a 2 bedroom unit with the installation of a door.
  • All Laundry is done on site with a commercial laundry.
  • Guests have access to a coin operated laundrette.
  • Barbeque area for guests and easy walking access to the club on the next block the close CBD.

Net Profit: $237,573 for 2018-19;  $274,516 estimated for the 2019-20

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2616MF (quote when enquiring)

Price SOLD
Location Broken Hill
Property ID 2616MF
Category Motel

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