INVERELL NSW 2360
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- 17 Nov 2016
2390ML - Immaculately presented leasehold Motel!
LOCATED IN THE popular New England, this Leasehold Motel is a must to inspect.
It has a secure, long lease in place and is a very solid business in a prosperous town.
The Motel incorporates 21 high 3.5 star ground floor units, all with undercover parking.
The current operators have been meticulous in the upkeep of the Motel and your inspection is highly recommended.
There are strong growth opportunities with further development in the industry within the town, with plenty of upside from the existing strong business base.
It offers a comfortable three bedroom residence with direct access to reception and a popular, easily managed Restaurant.
Contact us now for further details.
Net profit $160,799 for 2013/14
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2390ML (quote when enquiring)
Property Code: 1291
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