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      Accommodation & Tourism business for sale in Holbrook

      • Accommodation & Tourism
      • Albury Holbrook NSW 2644
      • $360,000

      Motel in Holbrook


      Owners say Sell, Sell, Sell !!!
      Huge price reduction New low low price
      A long lease with a Return On Investment of nearly 40%
      Holbrook is situated on the Hume Highway between Sydney & Melbourne approx. 45 minutes to Albury Wodonga (pop 95,000) & a similar distance to Wagga Wagga (pop 63,000) A very popular stop for motorists travelling between the large capital cities. Holbrook is a rich, diverse rural area complementing a healthy tourism trade
      The Motor Inn is a modern brick three & half star motel in the heart of Holbrook comprising a total of 20 units with a combination of twin, family & spa rooms. A modern commercial kitchen & fully equipped dining room is presently not operating but can be quickly up & running
      A large 3 bedroom manager’s residence together with all amenities adds to the desirability of this business
      Built in 1985, refurbishments have been completed for most of the units with tariffs starting from $115 to $189 per night.
      This motel is presently part of the Golden Chain group but can be independent if desired by the new owner
      The new price guarantees a lot of buyer interest & suggest interested persons register with the agents for further information and an early inspection Up to date financial reports available
      For Sale: $360,000
      Lease Term: 21 years

      Business Highlights

      Business ID

      2013272155

      Last updated

      25 Jan 2018

      Category

      Accommodation & Tourism, Leisure & Entertainment

      Map for Albury Holbrook NSW 2644

      47 Amaroo Street Wagga Wagga NSW 2650

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