POPULAR REGIONAL MOTEL LEASEHOLD - 1642ML

LEASEHOLD $920,000

  • 25 room motel in strong country town.
  • All ground floor well-appointed rooms.
  • Spacious parking including truck and bus.
  • Well known Steakhouse Restaurant and Bar.
  • Commercial kitchen suit chef or cook.
  • Popular Motel regulars and repeat guests.
  • Busy highway position strong signage.
  • Long lease extendable and low rent.
  • Reliable income and returns.
  • Upside potential for new operator.

 

Net Profit: $237,993 for 2022/23

 

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

Property ID: 1642ML (quote when enquiring)

 

 

Price LEASEHOLD $920,000
Location Glen Innes
Property ID 1642ML
Category Motel

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