PARKES NSW 2870
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- 1 Dec 2016
Freehold Central West Newell Highway Motel - 31160
Popular Newell Highway Freehold Motel with 25 Rooms.
Do not miss this opportunity to secure the freehold on this 25 room motel with licensed restaurant and bar.
The motel is showing a steady increase in revenue after the owner resumed management of the property.
The motel is located on approximately 12,000 sqm, allowing plenty of room for development of the motel, cabins, relocatable home village (stca)or sell off the vacant land.
Guest facilities include swimming pool, half size tennis court, bbq and wi-fi.
Popular with the corporate reps and tourist that frequent the Newell Highway for both work and pleasure.
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