GRAFTON NSW 2460
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- 21 Sep 2016
1551MF - Large Freehold with Potential in All Directions
Do not miss out on this rare opportunity to purchase a large Freehold Motel in a thriving regional city with massive potential.
- 31 rooms of varying configurations.
- Standalone 3 bedroom house.
- Over 4,000m2 block with plenty of options.
- Low occupancy with potential to increase immediately.
- Great main road presence, abundance of parking.
- City is about to have massive Government money injection.
- Long -time owners ready to retire and have priced to sell NOW!
The current owners have spent the past 8 years here and are ready to retire. The motel is among the largest in town and has plenty of parking options for coaches, trucks, trailers etc. Call now to discuss the variety of options and how you could win big in this location.
Net profit $249,826 for 2015/16 (as provided by owner)
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1551MF (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: 2102
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