CASINO NSW 2470
UNDER CONTRACT (under offer)
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- 19 Apr 2017
284ML - Highly Rated Leasehold, Cheap Rent
- Ideal first time lease.
- Brand new 30 year lease terms, great landlord.
- 10 room motel in thriving country town on far North Coast.
- Regular trade and repeat clientele.
- Central location in town, walk to everything.
- 3 bedroom owner's residence.
- Net profit improving, currently under management.
- Starting rent only $80k.
- Great lifestyle business!
Don't miss out on this well presented 3 star AAA rated motel in a great position. This motel is a consistent earner and has the potential to grow to the next level. Less than 2 hours from the Gold Coast OR 30 minutes to the nearest beach.
This would suit a newcomer to the industry or an experienced motel owner looking for a quiet and rewarding lifestyle.
Call now and be in before Xmas!
Net profit $110,000 plus for 2015/16
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 284MF (quote when enquiring)
Location: Set on the banks of the Richmond River, with a population of approximately 12,000, Casino is a thriving rural centre that's renowned for its quality beef production, timber and agriculture and as the rail and freight hub of the far north coast.
Numerous parks and gardens make Casino a picturesque town and the natural beauty of the Richmond Valley is home to many National Parks and a huge variety of bird life. It is 726 km north of Sydney and 228 km south of Brisbane.
With its wide open streets, Art Deco buildings, relaxed, friendly community and exciting potential economic business strategies, Casino is becoming a sought-after place to live, work and play. Casino has a fully-fledged hospital, three High Schools, seven Primary Schools, several Pre-Schools and day care centres and two Specialty Schools. Adult education is serviced by ACE and TAFE in Casino and Southern Cross University is a 30 minute drive away.
Sporting facilities are excellent with golf, cricket, rugby league, rugby union, football, tennis, hockey, basketball, baseball all available. There is a 50 metre swimming and two gyms.
Property Code: 2005
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