Cessnock, New South Wales
290MI - NEW MOTEL INVESTMENT, HUNTER VINEYARDS AREA
SOLD
Business Description
- Great location, low maintenance, modern brick and tile Motel.
- New 30 year Lease started in April 2020.
- The Cessnock area is recovering well from COVID-19 disruption.
- Strong domestic Tourism area.
- An excellent addition to your Retirement fund!
- Contact us now for further details.
Annual Rent: $100,000 plus GST
Cessnock is considered the gateway to the Hunter Valley, the oldest wine-growing region in Australia. The town is located between Sydney and Newcastle and is accessible via train from nearby Maitland train station, as well as being less than an hour’s drive from Newcastle airport.
Cessnock is the largest town of the Hunter Region and a country town at heart. This is a great place to stay if you’re looking for the combination of creature comforts and fabulous rural scenery - a hub of shopping and amenities set against a backdrop of stunning wine-country scenery. Right on the doorstep of the greater Hunter, Cessnock also serves as an ideal base for exploring the nearby towns of Pokolbin, Rothbury, Lovedale and Allendale, as well as the historic nearby hamlets of Wollombi, Maitland and Morpeth.
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 290MI (quote when enquiring)
Property Code: 3537
Business Summary
Key Investment Insights
1. Great location in the Hunter Valley region, a popular tourist destination known for its wineries and scenic countryside.
2. Low maintenance, modern brick and tile motel, making it an attractive and easy-to-manage investment.
3. New 30-year lease starting in April 2020, providing long-term stability and potential for growth.
4. Cessnock area is recovering well from COVID-19 disruption, indicating a strong and resilient local economy.
5. Strong domestic tourism market in the area, providing a steady stream of potential customers for the motel.
6. Potential for the motel to be a valuable addition to a retirement fund, providing a reliable source of income.
7. Annual rent of $100,000 plus GST, providing a solid return on investment.
8. Cessnock is the largest town in the Hunter Region and a popular destination for shopping, amenities, and exploring nearby towns and historic hamlets.
9. Easy accessibility via train and airport, making it convenient for both tourists and potential investors.
10. Contact David Head from Tourism Brokers for further information or to arrange an inspection, ensuring a smooth and professional transaction process.
