If you are looking for Leasehold motel, this is the one you have been waiting for. Located in the strong NSW Northern Rivers town of Casino this motel will tick all the boxes.
- 15 refubished rooms
- 3-Bedroom, 2-Bathroom residence
- Great location on the edge of CBD
- Room only, no cooking breakfasts or dinners
- Very consistant performer with high occupancy and repaet guests
- As neat as a pin, nothing to spend
- Current owner have been at the motel for 14 years and it's time for a break
- New 30 year lease
- 44%+ ROI
- Great rent to net profit ratio
The motel is a must to inspect, it is priced to sell and won't last long.
Location
Casino is a picturesque country town located in the beautiful Northern Rivers of NSW with the beautiful Far North Coast beaches at Ballina, Lennox Head and Byron Bay all less than 80 km away. 726 km north of Sydney and 228km south of Brisbane Casino is a popular stopping point for business travellers. The Motel is perfectly situated on the fringe of the CBD. Known as the Beef Capital, Casino is a strong rural town that is home of PRIMEX Agricultural Field Show and the popular Beef Week festival and annual Truck Show, attracting many visitors to the region.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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