Cobar, New South Wales

2536ML - BIG 4 STAR LEASEHOLD MOTEL SHOWING A BIG PROFIT AND A 45% RETURN! RUN IT UNDER MANAGEMENT.

Leasehold $975,000

Property Description

- You Can't Miss This Big Leasehold Motel!

- Modern 36 unit with a 4 star rating.

- Well established and strong trading history.

- Consistently trading with Accommodation at 85% to 90% of Turnover

- Recovering strongly from COVID-19.

- Turnover in 2020/21of $1.44m.

- Adjacent to Bowls Club - no evening meals!

- Minimum maintenance and a dream to operate.

- Contact us now for further details.

Net Profit: $452,938 for 2020/21

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2536ML (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: 3263

Property Summary

Motel Information

Marketing Agent
David Head
David Head

Listing location
Gallery

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