Coonabarabran, New South Wales
1632ML - Big Motel - Big Earner - Big Return! - Leasehold Motel
SOLD
Business Description
37 Units with Turnover in the high $600,000's
Big 39 % Return with attractive Rental
Freehold owner offering a New 30 year Lease
Units recently refurbished with Motel in great shape for new tenant
Restaurant currently let out and operating independently of Motel
Great location on Newell Highway
Take advantage of the generous Landlord offerings
Contact us now for further details!
Net profit $214,188
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1632ML
Property Code: 253
Business Summary
Key Investment Insights
1. Big motel with 37 units and high turnover in the high $600,000's.
2. Offers a big 39% return with an attractive rental.
3. Freehold owner offering a new 30-year lease.
4. Recently refurbished units and the motel is in great shape for a new tenant.
5. Restaurant currently let out and operating independently of the motel.
6. Great location on the Newell Highway.
7. Opportunity to take advantage of generous landlord offerings.
8. Net profit of $214,188.
9. Contact David Head from Tourism Brokers for further information or to arrange an inspection.
10. Property ID: 1632ML.
11. Property code: 253.
