GRAFTON NSW 2460
Reduced $995,000 Freehold
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- 22 Mar 2017
609MF - Freehold Motel with Rural Outlook
- Large land parcel with sub division potential on the fringe of town.
- Easy to run 10 motel rooms, 2 units and swimming pool.
- Newly renovated 2 bedroom residence with rural outlook.
- Ongoing tour bookings ensures cash flow and profits.
- Price includes small bus and ongoing tour bookings.
If you are considering entering the motel industry then look no further, this small motel is easily run by a working couple and offers a great country lifestyle.
With 10 motel rooms and 2 self-contained units the motel offers budget travellers the creature comforts of home without breaking the bank. The current long term owners have renovated several rooms and if this process is continued the profits will increase.
There is a brand new (never used) 2 bedroom residence attached to the motel and reception. It has a pleasant rural outlook and is very private from the motel guests.
The zoning of the lot means that it could be sub-divided OR have multi income producing uses. Ask me how to make money from this process immediately.
Call now to inspect as the owners have dropped the price and need to retire, so they are willing to do a deal.
Net profit $110,157 for 8 months (July 2016 to Feb 2017)
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