FORBES NSW 2871
Reduced $385,000 Leasehold
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- 22 Feb 2017
524ML - Centre Town Bed & Breakfast Leasehold Motel
- Genuine bed and breakfast Motel.
- Centre town location!
- 29 ground floor units with a spacious two-bedroom residence.
- Located in a strong central west town.
- Thriving rural area with commercial and retail development.
- Strong and consistent growth with an average 4 year turnover in excess of $400,000.
- Priced to sell and represents a great opportunity.
- Contact us now for further details!
Net profit $135,722 for 2015/16
Contact Peter McHugh and David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 524ML (quote when enquiring)
Location: The township of Forbes, situated on the Newell Highway and on the banks of the Lachlan River in the heart of the rich Lachlan Valley, is fast becoming popular with those seeking a 'tree-change'; drawn to the region by economic benefit and lifestyle opportunities.
Services: Forbes' unique culture is a fusion of heritage past and modern lifestyle, with art and craft, art galleries, boutique shopping, concerts, distinctive local dining options, historical hotels and museums, a diversity of special interest groups, great schools, affordable real estate, plus an exciting local events calendar featuring annual festivals dedicated to jazz, camel racing, picnic racing, the bushranger Ben Hall, heritage conservation and more.
Forbes' historic town centre is home to a unique mix of boutique stores plus familiar brands and a department store. You'll also find all the major services including health, finance, hardware and automotive just to name a few. Forbes is gaining a reputation as a boutique shopping capital and with a distinctive range of quality locally owned stores it is easy to see why. Be tempted by a unique mix of locally owned boutiques plus familiar brands, department store shopping and all the major services.
Property Code: 1060
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