ALBURY NSW 2640
Reduced $750,000 Leasehold
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- 27 Feb 2017
2405ML - Large Leasehold Bed & Breakfast Motel
This Leasehold Motel has all that you have been looking for.
It's a big 29 Unit Motel that has a stunning apperance.
This motel offers a spacious two bedroom residence with reception attached.
The rooms are large and well appointed, and amenities of pool, spa and sauna are all that any guest would need. It is located close to the CBD and a short walking distance to restaurants and clubs.
It's a Motel that deserves your closest attention.
Net profit $218,971 for 2015/16
Contact Peter Gay from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2405ML (quote when enquiring)
Location: The Albury region is known for its distinctive natural beauty, with the majestic Murray River winding its way through mountains to the east and fertile river plains to the west.
Population: Albury has a population of nearly 50,000 people, and a further 37,000 in Wodonga.
Climate: Albury has the same number of sunny days as the Gold Coast, but without the humidity. Warm, dry summers, mild autumns and springs, and cool winters.
Transport links: By road: 330km from Melbourne, 340km from Canberra and 550km from Sydney. By air: 1 hour to Sydney and Melbourne (daily flights).
Leisure and dining: More than 100 pubs, cafes and restaurants offering a range of cuisines and tastes.
Sporting facilities: 3 swimming pools, 5 gyms, more than 30 sporting clubs across multiple disciplines, 8 major sports grounds to international standards.
Cultural services: Albury is proud of its array of cultural facilities including 3 theatres, 3 libraries, numerous museums and a 9-screen cinema complex with outdoor summer cinema viewings. Art exhibitions are constantly being shown throughout the 6 galleries ensuring Albury residences and visitors are spoilt for choice when it comes to the local cultural scene.
Events Culture: Albury's action-packed calendar is a mix of long-standing festivals, car rallies, sporting excellence, family friendly outings and plenty of events which are just for fun.
Property Code: 1978
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