Cobar, New South Wales
2536MI - Four Star Investment Motel!
SOLD
Business Description
• You Can't Miss This!
• Modern 36 Unit Motel
• Well established Tenancy
• Rent adjustment to promote sustainability of the tenancy
• Strong Trading history
• Most appealing 9.3% Return
• Opportunities like this are rare
• Contact us now for further details
Annual Rent: $400,000 ex GST
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2536MI (quote when enquiring)
Location: Cobar Shire is located in the Orana Region of central northern New South Wales, about 700 kms north-west of Sydney and 650 kms north of Canberra. It is on the crossroads of two major highways - the Kidman Way linking Melbourne to Brisbane and the Barrier Highway linking Sydney to Adelaide via Broken Hill. The Shire's prosperity is built around the thriving mining - copper, lead, silver, zinc, gold - and pastoral industries, which are strongly supported by a wide range of attractions and activities, that make it a major tourist destination.
Cobar is a bustling and prosperous town with a strong mining history. Cobar boasts a strong and reliable workforce which has a wide range of skills, particularly in mining and supporting industries, trades, retail and agriculture. A good supply of general labour is available to meet the needs of new and expanding businesses.
Property Code: 2986
Business Summary
Key Investment Insights
1. Modern 36 unit motel with strong trading history.
2. Well-established tenancy with rent adjustment to promote sustainability.
3. Most appealing 9.3% return on investment.
4. Rare opportunity to acquire a successful investment motel.
5. Located in the prosperous mining town of Cobar with a strong and reliable workforce.
6. Strategic location on the crossroads of two major highways, making it a major tourist destination.
7. Wide range of attractions and activities in the area, supporting the tourism industry.
8. Good supply of general labor available to meet the needs of new and expanding businesses.
9. Annual rent of $400,000 ex GST.
10. Contact David Head from Tourism Brokers for further information or to arrange an inspection.
11. Property ID: 2536MI (quote when enquiring).
12. Property Code: 2986.
