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FREEHOLD MOTEL OPPORTUNITY, FIRST TIME OFFERED IN 41 YEARS - 1701MF

FREEHOLD $3,500,000

Opportunity to acquire a freehold going concern located in Western NSW. The current owners of 41 years have maintained the property to a high standard and its presentation is excellent, establishing a very loyal clientele.

 

  • 17 rooms (family, double, singles)
  • Ample onsite parking
  • Restaurant leased for 5 years at $725 per week (Indian cuisine)
  • No maintenance required
  • Extremely easy to manage
  • 130Kw solar panel system
  • 1km from the city centre, hospital and shopping. Daily flights in and out of West Wyalong.
  • Residential housing prices are rising
  • Consistent trading over many years (Accountant figures)
  • Priced to sell. This opportunity won’t last.

 

Adjusted Net Profit: $400,000 three year average

 

 

Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1701MF (quote when enquiring)

 

Price FREEHOLD $3,500,000
Property ID 1701MF
Category Motel

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