NARROMINE NSW 2821
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- Hotel / Leisure
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- 3 Oct 2016
1824ML - New 30 year Lease at an Affordable Price with Plenty to Offer!
- Opportunity plus!
- New 30 year Lease with attractive terms.
- 16 well-presented ground floor units.
- Underutilised Restaurant.
- Huge opportunity to gain for those with hospitality interests.
- Spacious three bedroom residence.
- Large 4,000sqm block.
- Ideal Central West location.
- Strong Rural Commercial base in area.
- Don't miss it!
The current Freehold owner is selling off a new 30 year Lease and is offering attractive terms to the owner/operator. The Motel offers 16 ground floor units, an under-utilised Restaurant, and a spacious three bedroom residence. There is plenty of scope for the owner/operator to grow the business further and it's an ideal opportunity to establish yourself in the industry. Situated on a big 4,000sqm block on the Mitchell Highway, in the strong Central West town of Narromine, the chance is yours to gain! Contact us now for further details!
Net profit $113,000 expected for 2014/15
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1824ML
Location: Narromine NSW
Narromine is where you come to meet the magnificent plains of the Central West. Straight roads, an abundance of native wildlife and beautiful sunsets are all part of the appeal. The Narromine Shire is situated near the centre of New South Wales and forms the heart of the rich Macquarie Valley. The Shire has a population of approximately 6,800 and consists of three urban centres. Narromine is the main township, with Trangie 34km to the West, and the village of 38km to the South.
Narromine offers a wide range of services that with the regional city of Dubbo expanding so rapidly Narromine is the perfect alternative for affordable country living with the option of commuting to Dubbo for employment commitments. Narromine has the perfect blend of access to a major regional centre and a rural atmosphere.
The Shire is renowned for the quality and quantity of its agricultural production, so it is no surprise that wheat, cotton, citrus, cattle, fat lambs, corn, barley, oats, sorghum, and lucerne are in high production.
Property Code: 1635
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