HOLBROOK NSW 2644
Reduced $350,000 Leasehold
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- 23 Aug 2016
670ML - 3 Star Motel and Restaurant
The Byer Fountain Motor Inn is located on the northern end of the township of Holbrook. Two years after the by-pass opened Holbrook is showing that it is a stopover destination once again. The property is on an extra-large block with plenty of room for guests with trailers and boats and also able to accommodate the largest coaches for touring groups. The rooms are in good condition, as regular upgrades have taken place.
- 36 Rooms, largest in Holbrook area
- First motel off highway for southbound travellers
- Licensed restaurant that it is easily run with well trained staff already in place
- Ideal motel for coach operators. Able to accommodate the largest coaches
- Foxtel in all rooms
- Up to date website with strong and growing online booking presence
- Excellent online review ratings with current Trip Advisor Certificate of Excellence
- AAA 3 star rated
- Motivated vendor.
Well worth taking a look at.
Net profit $100,000 estimated for 2015/16
Contact Peter Gay from Tourism Brokers for further information or to arrange an inspection.
Property ID: 670ML (quote when enquiring)
Location: The 'simply greater' rural town of Holbrook is situated between Melbourne and Sydney on the Hume Highway. Holbrook is the largest town in Greater Hume Shire and is primarily a service centre for the surrounding region and visiting highway traffic.
Holbrook is the centre of a richly diverse rural economy and produces wool, wheat and other grains, lucerne, fat cattle and sheep. The Holbrook district has some of the best grazing land in the state, with numerous cattle studs and primary producers reputedly being leaders in their field.
Other farming operations include the production of fine wool and meat from both sheep and goats, cropping, pasture seed production, tree nurseries, timber plantations and grape growing.
Events: The National Beeffest Festival is held in May, the Agricultural Show in November and the Ultra Fly-In at Eastertime.
Property Code: 1960
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