CLASSY 4 STAR LEASEHOLD MOTEL FOR SALE...MANNING VALLEY NSW...Magnificent turnover in excess of $650,000.....only $925,000
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FANTASTIC LOCATION -LONG LEASE- LOW RENT RATIO -GREAT OWNER’S/MANAGER’S RESIDENCE =MAGNIFICENT OUTLOOK
This is a well-established and popular motel located in the Manning Valley in NSW
Showing over 30% return self-run, or expect to earn around a massive 20% under full management.
The ambience flows into the 27 units which are 4-star and are furbished in a comfortable and relaxing style. The property has a saltwater pool in an attractive, tranquil setting. Catering for a wide mix of clientele, from corporate stayers, trades people, wedding parties, coach tours and sporting groups visiting this beautiful part of the world. Currently catering for breakfast only but the possibility is threr to expand into other time slots.
Currently grossing in excess of $650,000 annually, with room for growth, while living in a magnificent part of Australia
For further details of this motel or any of our other motel listings, contact the broker – David McInnes on the number above or send through your contact details in the email enquiry form below.