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48-54 Welcome Street
Parkes NSW 2870
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Sold on 24 Dec 2014

48-54 Welcome Street Parkes NSW 2870

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

Coachman Hotel/Motel. 15 Year Lease - Circa 10% Yield.

Long term lease to highly experienced & successful operator.
Award winning business with multiple revenue steams.
Recently refurbished with nothing to spend.
Huge landmark central CBD location just off busy Newell Highway.
Lessee has over 30 years experience and operated some of NSW's largest hotels.
Sale includes 36 room motel, bar, restaurant, gaming area, function rooms and 15 poker machine entitlements.
Parkes is a NSW growth region underpinned by mining, tourism, transport, infrastructure, energy & agriculture.
Net Income: $434,580 pa + GST.

Dean Venturato 0412 840 222

CO AGENT
Jones Lang LaSalle
Sam Handy 0412 590 509

Property Highlights

Date Sold24 Dec 2014
Floor AreaAsk Agent
Land Area1 m²
ParkingAsk Agent
Property ID2011176378
Category
Last updated  9 Feb 2015
Map for 48-54 Welcome Street Parkes NSW 2870

Property Highlights

Date Sold24 Dec 2014
Floor AreaAsk Agent
Land Area1 m²
ParkingAsk Agent
Property ID2011176378
Category
Last updated  9 Feb 2015

Listed by

Dean Venturato
Dean Venturato
Burgess Rawson Sydney
Call
0412 840 222

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