Just Listed

LEASEHOLD OPPORTUNITY IN MAJOR NSW PROVINCIAL CITY – 472ML

LEASEHOLD $1,900,000

  • First time offered in 14 years
  • 27 rooms in various configurations - 14 family and double, plus 5 x 2-bedroom self-contained units
  • Easily managed operation - currently run by a husband-and-wife team
  • No food service
  • Ample onsite parking
  • Swimming pool
  • Turnover $1,150,000+
  • Brick construction with cement tile roof
  • 2-bedroom manager’s unit
  • First to inspect will buy
  • Net profit after expenses $485,000
  • Priced to sell at $1,900,000

 

Adjusted Net Profit: $485,000 (as provided by vendor)

 

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

Property ID: 472ML (quote when enquiring)

Price LEASEHOLD $1,900,000
Property ID 472ML
Category Motel

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