GRAFTON NSW 2460
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- 26 Aug 2016
1203ML - 4 Star Excellence with Real Potential
- Modern 4 star motel in central location,
- 20 rooms of varying configurations,
- Regular trade and rep clientele,
- Large 3 bed, 2 bath residence - suitable for the busy family,
- Suit someone from a F&B background,
- Staff in place to ensure ease of operation,
- 21 years on lease- good landlord.
This quality motel is primed to take advantage of the major development about to occur in the area. It is in close proximity to sporting clubs, local amenities, the railway station, CBD and the river.
The motel has increasing occupancy and loyal guests due to the quality rooms, onsite facilities and the friendly service.
Current long term owners have all systems and staff in place to allow new owners to reap the rewards and make hay while the sun shines. Huge potential to increase profits - just ask me how.
Don't miss out on your opportunity to cash in on this great buy in a town going places. Private inspections only.
Net profit $216,539 for 2015/16
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1203ML (quote when enquiring)
Location: One of Australia's most beautiful provincial cities, Grafton is renowned for its Jacaranda trees, graceful old buildings, sporting and cultural facilities, and its location on the banks of the Clarence River. As the thriving commercial hub of the Clarence Valley, Grafton has a range of great shopping, award winning restaurants and a smorgasbord of entertainment from the many pubs and clubs. Outdoors, every turn reveals a stunning vista. Manicured gardens glow with seasonal blossoms and, throughout the year, Grafton's stately streets and parks host festivals and community celebrations that attract thousands of visitors.
Property Code: 2085
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information