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670ML - EXCELLENT LOCATION, HEALTHY PROFITS, WELL WORTH THE ENQUIRY

LEASEHOLD $675,000 + SAV

19,066 m2

LARGE LEASE WITH LARGE PROFITS – VERY HIGH YIELD ON INVESTMENT 

  • Leasehold Motel with 25 years to run.
  • Brick construction with iron roof in excellent condition.
  • Large 36 unit complex capable of high turnover.
  • Premium location on Hume highway.
  • Consistent strong trader even through COVID-19.
  • Large land area, plenty of parking good street appeal.
  • Beautiful restaurant and bar.
  • Starters motel at attractive pricing.

Holbrook is a lovely country town in Southern NSW on the Hume Highway about 60kms North of Albury. It is a visitation area due to traffic volumes on the Hume Highway. Known as the Submarine Town due to the HMAS Otway situated in a local park in the main street. It is a rural based region with the motel popular with corporates, workers, groups, passers-by and highway traffic.

Net Profit $314,294 for 2021/22

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

Property ID: 670ML (quote when enquiring)

 

Price LEASEHOLD $675,000 + SAV
Location Holbrook
Property ID 670ML
Category

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