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      Hotel business for sale in Murray Region NSW

      • Hotel
      • Murray Region NSW
      • $295,000

      Hotel Motel on busy Highway in mining boom town - Balranald NSW


      Excellent Sturt Highway “one pub” town location, pop approx 1400.
      Renowned as a convenient “stopover”.
      Hotel features main bar, sports bar, with TAB & 13 TV screens, Dining/Function room (seats up to 100) Beer garden. Very busy bottleshop with fantastic sales. And a lot more! Property has had major capital works including new roof, and all equipment is in excellent condition. Motel has 21 refurbished rooms and 3 bedroom residence, recently joined the popular Budget chain. Township benefitting from sand mining developments by Iluka resources and Crystal Mining, new solar energy farm, and tourism from the Murrumbidgee River and Yanga and Mungo National Parks.
      Asking: for Lease: $295,000 premium
      Lease 25 years, $2,000 weekly rental + GST + outgoings.
      Or $1,140,000 Freehold investment with 9% return
      Or $1.49M for freehold & business with vendor keen to look at reasonable offers!

      Business Highlights

      Business ID

      2012305556

      Last updated

      17 Nov 2017

      Category

      Hotel, Motel, Accommodation & Tourism

      Map for Murray Region NSW

      47 Amaroo Street Wagga Wagga NSW 2650

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