GRAFTON NSW 2460
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- 27 Sep 2016
609MF - Affordable Freehold with Potential Plus!
A great opportunity for the Freehold motel buyer looking to purchase a property with plenty of scope to improve. It is well positioned off the highway in a quiet semi rural setting with good access and exposure overlooking the valley.
The motel offers 12 ground floor 3 star rooms, a large two bedroom residence, swimming pool and ample room for large trucks and trailers.
The current owners have had the motel for the last 32 years and now looking to retire.
It is set on 11,000 sqm of land and the potential to expand this property is unlimited!
Call now for further details.
Net profit $133,457 for 2014/15 and $82,519 for July to Dec 2015
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 609MF (quote when enquiring)
Property Code: 1202
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