Albury, New South Wales

Albury Central Motel, NSW - 1P0063

Leasehold $450,000

Property Description

EXCLUSIVE TO MHB

A genuine offering to the market.

The 19 room Albury Central Motel is a very rare opportunity to enter the tightly held leasehold accommodation sector.

Adjacent to the famous Albury Railway station and a 10 minute drive to the Albury airport, the Albury Central Motel is the perfect location for travellers needing accommodation.

Ideally positioned close to the heart of the city and just a few minutes walk to the city centre with all it has to offer including two major licensed clubs, restaurants and cafes, bars, nightclubs, cinema, fantastic retail shopping and business precinct.

Key Features:

* Central Albury location close to all city amenities
* Strong and consistent revenue and profitability
* 19 diverse motel rooms
* Permanently leased 3 room boarding house
* Huge scope to redefine, maintain or develop the business
* Easy to operate and run
* 3 x Bedroom family residence with pool
* Golden Chain member
* Approx. 31.1% Buyers Yield

A must to inspect for any operator with a wonderful opportunity to reap the rewards in this vibrant regional city.

* Freehold also available.

Contact Dan McDonald for more information or to arrange an inspection.

Property Summary

Motel Information

Other Features / Notes

Leasehold, Motel, NSW - Riverina & Murray
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Listing location
Gallery

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