Kempsey NSW 2440

Hotel, Motel, Pub & Leisure
1 m²
Sold, $2,400,000

MOTEL & CARAVAN PARK ON NSW NORTH COAST FOR SALE, GREAT PRESENTATION! 16% RETURN

We are proud to have been appointed to market the Park Drive Motel and Caravan Park for sale.

The Motel consists of 23 fully renovated 3 1/2 star rooms and also a Caravan Park comprising 36 powered sites.

This business has a Riverside location and is at the entry to the Town.
It presents in outstanding condition as the current owners have worked tirelessly to improve the property and bring it to the travelling public in it's present condition.
There is a 3 bedroom Manager's residence and also another 2 bedroom that can be used for assistant Managers, or let out as the current owners do.

The business offers new owners a very solid base to continue the growth that it has already experienced.

Offering a return in excess of 13.5%, this business will suit all buyers.

AquaTerra Brokers

147 Loader Street

Quirindi, NSW 2343

Property Highlights

Date Sold	25 Oct 2020
Sold Price	$2,400,000
Floor Area	1 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2015022496
Category	Hotel, Motel, Pub & Leisure
Last updated	25 Oct 2020

Map for Kempsey NSW 2440

AquaTerra Brokers

147 Loader Street

Quirindi, NSW 2343

Property Highlights

Date Sold	25 Oct 2020
Sold Price	$2,400,000
Floor Area	1 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2015022496
Category	Hotel, Motel, Pub & Leisure
Last updated	25 Oct 2020

Listed by

AquaTerra Brokers

Call

0466673222

More about Kempsey NSW 2440

Kempsey NSW 2440 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m². The listing ID for this property is 2015022496.

More Hotel, Motel, Pub & Leisure properties for Sale in Kempsey NSW 2440

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kempsey, NSW 2440

Hotel, Motel, Pub & Leisure