Well Presented NSW Mid North Coast 20 Unit Leasehold Motel 29.5yr Lease - 1P2873M
The Marco Polo Motor Inn is an excellent opportunity for an experienced management couple to operate this 20 unit Motel to its full potential or someone new to the industry to take advantage of this very well appointed motel.
This Motel For Sale is designed for ease of management from the central Reception which has access to the 20 seat dining room, the Commercial Kitchen and the large 3 bedroom Residence.
The Marco Polo Motor Inn presents very well throughout with very low maintenance issues.
Also Ideal for group bookings with a spacious riverside BBQ area, access from the River can also be obtained from the well constructed Jetty.
Situated less than 1km from the main town centre on the main road into Taree from the north, this is one of the premier motels in the area.
The current owner has decided to move on due to family circumstances, which allows new owners to purchase a very good opportunity.
Net profit 2016/17 of $177,432 (31.7% return) projected.
A must to inspect.