Western NSW Leasehold Motel – New 30 Year Lease $59,000 - 1P5101M
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CRE Brokers are proud to be appointed the Exclusive Agency for sale of this bargain priced Western NSW Leasehold Motel.
This is a fantastic opportunity to purchase a high performing Motel for only $59,000!
. $467,000 turnover for 2019/20
. Profit $267,000 before rent
. New 30 year lease – Low rent $63,000
. 13 ground floor rooms in very good condition
. 11 metre outdoor swimming pool
. Newell Highway location
. Off street parking with room for trailers
The economic future in the region is tipped to be outstanding for the accommodation industry for years to come thanks to the ongoing influx of workers serving a range of new projects and industries.
The motel is approximately 5 hours from Sydney and 3 hours from Canberra on the Newell Highway, Australia's major inland touring route, midway between Melbourne and Sydney.
Make an offer and this could be yours.