Coonabarabran, New South Wales
37 ROOM LEASEHOLD MOTEL WITH OVER 37% RETURN IN NSW FOR SALE
SOLD
Business Description
We are very pleased to present the leasehold interest of this very attractive Country Motel, located in Coonabarabran in NSW.
Coonabarabran is the gateway to the Warrumbungle and is also the Astronomy Capital of Australia. Coonabarabran offers a variety of attractions for all ages.
The Motel comprises 37 rooms and a 2 storey Manager’s Residence.
It is on the Newell Highway and is only a short walk to Clubs and Restaurants.
The Motel enjoys a high level of return guests who are from both the Corporate and leisure markets.
There is good profits to be earned here, but there is also room for growth.
This property is a must to inspect and will suit all buyers.
Business Summary
Key Investment Insights
1. Attractive Country Motel located in Coonabarabran, the gateway to the Warrumbungle and the Astronomy Capital of Australia.
2. 37 room motel with a 2 storey Manager's Residence.
3. Located on the Newell Highway and within walking distance to Clubs and Restaurants.
4. High level of return guests from both the Corporate and leisure markets.
5. Good profits to be earned with potential for growth.
6. Must inspect property that will suit all buyers.
