Sold

RIVERINA LEASEHOLD, NEW 30 YEAR TERM, STRONG TRADER - 984ML

SOLD

Great motel town location, excellent opportunity.

  • 22 room motel leasehold in NSW Riverina.
  • High occupancy, lots of repeat trade.
  • Consistent long-term performer.
  • Long lease with affordable rent ratio.
  • Centre of town on Newell Highway.
  • All the hard work done, setup for new owner.
  • Intersection of Newell and Sturt highways.
  • Close to club, shops, food outlets.
  • Strong highway trade, lots of infrastructure projects.
  • Secure future.

Narrandera is Riverina based country town of approx. 5,000 residents situated on the Newell and Sturt Highways. It is a rural based town with agriculture being prominent as part of the Murrumbidgee irrigation area.

 

Net profit: $246,353 for 2022/23

       

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

Property ID: 984ML (quote when enquiring)

Price SOLD
Location Narrandera
Property ID 984ML
Category Motel

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