Freehold Motel & Business Narrandera
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Years Est: 40
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40 ground & 1st floor units, air conditioned, most rooms have been refurbished to a high standard – plenty of parking at rear for coaches
Complete with pool, BBQ area, restaurant & bar.
Restaurant has excellent patronage from guests & locals alike – staffed by manager & casual staff – accredited to hire & train visa holders.
3 Bedroom manager’s residence adjacent to reception
Situated in the centre of town (population 5500+) on 3,400 m2 level site with rear lane access. 550 km to Sydney, 430km Melbourne, 100 km Wagga, on the Newell highway, and in the very successful and productive Murrumbidgee Irrigation Area.
43 (15 KW) solar panels recently added to reduce power costs
Turnover last 4 years average is over $600,000 - Occupancy 40 – 45%
Excellent investment or “hands on” motel – lease can be sold by a freehold owner- full financial reports available
Asking: $2,100,000. Business & Property
Enquiries: Neville 0408 694132, Peter 0412 694069
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