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Forbes NSW 2871

Forbes NSW 2871

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, Freehold Investment $1,800,000 (under offer)

FREEHOLD INVESTMENT MOTEL FOR SALE - BUSY HIGHWAY TOWN CENTRE LOCATION - GREAT POTENTIAL

    Description: Large B&B motel on busy highway town centre location. Excellent condition. Property has been renovated over the COVID-19 period. Very easy to operate. Great potential to increase revenue.

    Star Standard: 3½ star.

    Construction: Mostly brick with fibro panels. Colorbond roof and double brick partitions

    Lease Expires: 2046

    Rent: $141,718 per annum

    Age: 1970s

    Clientele: Reps, travellers, workmen for mines, roads, Telstra etc

    Land Area: 1,973sqm (Approx.)

    Chain Affiliation: N/A

    Laundry: Heavy Duty Equipment

    Restaurant: No. Short walk to cafes, restaurants, hotels and clubs.

    Services: Large well-equipped kitchen, open courtyard parking, barbecue, Wi-Fi, fully fire rated.

    Residence: 2 bedroom with built-in wardrobes, own kitchen, open plan living area, bath/toilet, laundry. Ideal residence for couple or small family.

    Comment: Central to the CBD and within easy stroll to the RSL Club and restaurants. This Motel is a rare investment opportunity.

    MQ Property ID:
    1P2795

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    Property Highlights

    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019226457
    Category
    Last updated  8 May 2024
    Map for Forbes NSW 2871

    Property Highlights

    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019226457
    Category
    Last updated  8 May 2024

    Listed by

    Ray Larkin
    Manenti Quinlan & Associates
    Call
    0407 220 116

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