Junee NSW 2663
- Hotel / Leisure
- 1 m²
- For Sale, Freehold $1,850,000
700MF - A Freehold Motel That Just Gets Better and Better
- 18 ground floor unit plus 4 self-contained Cabins
- Adjacent to Serviceman's Club and across the road from Bakery and Hotel
- Growing Turnover expected to be well in excess of $500,000 in 2018/19
- Spacious 6,677 sqm block
- Comfortable three bedroom residence with plenty of yard space
- No Food and Beverage
- It's a Must to inspect!
This property demands your attention. It offers 18 ground floor units plus 4 self-contained cabins and has a growing turnover expected to be well in excess of $500k in 2018/19 with Turnover of$334,186 for the 7 months to January 31st 2019.
The motel presents very well, with the motel units opening out to a centre open lawned area with an inground pool. Situated on a big 6,677 sqm block there is plenty of open space.
There is a very comfortable three bedroom residence attached with a private courtyard, private yard and triple lock-up garage.
Junee is a quaint rural town located within the rolling hills of the Riverina and nearby to the iconic Murrumbidgee River, just 490 kms north-east of Melbourne, 440 kms south-west of Sydney, 220 kms west of Canberra and 40 kms north of Wagga.
The motel is perfectly positioned next to the Serviceman's Club and Hospital, across the road from the Bakery and Hotel and midway between the major attractions of the Chocolate Factory and the Roundhouse Museum.
Your inspection is highly recommended.
Net Profit: $280,833 for 2017/18 Expect much stronger in 2018/19
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 700MF (quote when enquiring)
Property Code: 2837
|Floor Area||1 m²|
|Land Area||6,677 m²|
|Annual Return||Ask Agent|
|Last updated||9 May 2019|