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VERY AFFORDABLE FREEHOLD MOTEL WITH GREAT POTENTIAL! - 894MF

FREEHOLD $675,000

  • All Genuine Offers Considered!
  • Huge opportunity for the astute Investor.
  • Small Freehold Motel with plenty of growth on offer.
  • Located in Moree, NSW, a very strong Motel town.
  • Currently very underutalised with part-time use only.
  • Due to COVID and elderly owner, the property has not run too its full potential.
  • 8 double brick units (6 with kitchenette and ensuite) off a common lounge room, kitchen, Laundry and outdoor barbeque area.
  • Additional modern 2 bedroom apartment that would be suitable for the owner operator’s residence.
  • Low power bills with 18 solar panels (approx. $130 quarter).
  • Land size 620 sqm.
  • Limited Financials so minimal to nil Bank Finance accessible.
  • Low price opportunities like this are rare - don’t miss it!

 

Contact Tony Neale from Tourism Brokers for further information or to arrange an inspection.

Property ID: 894MF (quote when enquiring)

Price FREEHOLD $675,000
Location Moree
Property ID 894MF
Category Motel

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