Aberdeen, New South Wales
1ML - HUNTER LEASEHOLD MOTEL AT THE RIGHT PRICE! 36% RETURN!
SOLD
Business Description
- This Upper Hunter Leasehold Motel is a must to inspect!
- 15 ground floor units with a strong 3.5 star rating.
- Accommodation only – no meals, but scope to introduce them.
- Long Lease.
- Strong growing Turnover with plenty happening in the area.
- Plenty happening in the area.
- Large block with open space.
- Excellent Residence.
- Genuine lifestyle opportunity.
- Make it Yours!
Net Profit $134,893 for 2019/20 despite impact of COVID-19
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1ML (quote when enquiring)
Location: Aberdeen is a small country service centre located on the side of a hill beside the Hunter River between Muswellbrook and Scone. Dairying, wheat, lucerne, horse studs, cattle and sheep are integral parts of the local economy. Located 242 km north-west of Sydney on the New England Highway and 139 km north-west of Newcastle.
Property Code: 3687
Business Summary
Key Investment Insights
1. Strong 3.5 star rating for 15 ground floor units.
2. Potential to introduce meals to increase revenue.
3. Long lease in place.
4. Strong and growing turnover with plenty of activity in the area.
5. Large block with open space.
6. Excellent residence on the property.
7. Genuine lifestyle opportunity for new owners.
8. Net profit of $134,893 for 2019/20 despite COVID-19 impact.
9. Located in Aberdeen, a small country service centre with a diverse local economy.
10. Convenient location on the New England Highway, 242km from Sydney and 139km from Newcastle.
