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Narrandera

LEASEHOLD $512,000

986ML - RARE B&B LEASEHOLD FANTASTIC STARTER, RENOVATED AND POSITIONED READY TO MAKE $$

  • 20 spacious rooms - various configurations: Deluxe Queen, King, Twin, family plus options.
  • 3 bedroom spacious residence with private retreat (currently used by the existing owner as a golf driving practice range).
  • Bed and breakfast continental) with easy walking distance to established eateries.
  • Quiet off-the-highway location on the corner of East and Larmer Streets and is within easy walking distance of the town centre and amenities.
  • Additional land on title for expansion if desired, currently used as lawn area primarily.
  • Recent renovations have transformed the motel which now specialises in king suites.
  • The Bishop’s Lodge offers parking for larger vehicles and coaches and is an ideal place to stay for contractors either short or long term.
  • Friendly, clean and comfortable!
  • Elevated site in town's centre adjacent to the river.
  • Other features include a swimming pool, guest laundry, gas barbeque in pleasant surroundings, Wi-fi and Foxtel.
  • LEASEHOLD MOTEL with new 30 year lease from settlement.

The newly named Bishop’s Lodge is situated in beautiful Narrandera in the heart of the Riverina in NSW. Narrandera is a tranquil town steeped in history with many stunning buildings, superb gardens and tree lined streets.

In riverside Narrandera, part of the beautiful Riverina, you can visit koalas in their natural habitat, explore fascinating heritage and enjoy fishing, kayaking and swimming. There are orchard tours, cycling and walking trails by the river, and two of Australia’s iconic 'big things'.

Detailed Information Memorandum available.

Net Profit: $160,281 estimated for 2021/22

Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.

Property ID:  986ML (quote when enquiring)

Property Type Business
Land Area m2 3,080 m2
Floor Area m2 1 m2

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Graham Matthews

0421 904 675
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