Being offered to the Freehold market for the first time in 25 years is this outstanding motel in West Wyalong. The motel has shown strong trade supported by the major operations of mining in town and is being sold at a strong yield of $3,200,000 in this current market. The motel boasts 24 rooms which have all had upgrades of flooring, new smart TVs, new bedding, and new security key system on all units. All the expense has been covered by the current operator minimizing capital outlay for incoming owners. Motels like this in a newly developed mining town won't last long, so contact today for further information.
- Minimal room upgrades for some time
- Strong occupancy and consistent business
- All 24 rooms recently renovated
- Selling freehold at a strong yield
- Located in a prime thoroughfare with mining operation
- Restaurant is strongly staffed and frequented by outside guests
- First time in 25 years this Freehold has been offered for sale
- Large management quarters with three bedrooms and two kitchens
- Plenty of onsite parking available for larger vehicles with trailers or boats
- Property inspections are by appointment only
