24-28 Parker Street, Cootamundra, New South Wales
SOLD - Southern Comfort Motor Inn
SOLD
Business Description
CRE Brokers are proud to exclusively offer the leasehold interest in the Southern Comfort Motor Inn, located in the vibrant regional town of Cootamundra, an important agricultural hub, with attractions showcasing its history and notably as the birthplace of our most famous cricketer Sir Donald Bradman.
The property is a single level motor inn offering 19 rooms plus a renovated two/three bedroom owner's residence and reception area. Each of the 19 guest rooms are generously proportioned offering guests ample space during their stay. The accommodation configuration includes 9 deluxe queen rooms, 8 deluxe twin rooms, including an all access room and 2 deluxe family rooms. With a large paved parking area each guest can park at their door and there is also room for larger vehicles on-site. Additional features include an on-premises laundry and a guest barbeque area.
Located only a short stroll from the central business area of Cootamundra with ample options for dining and entertainment, this business enjoys a strong cash flow and has an excellent reputation leading to many repeat visitors. With 27 years remaining on the lease and an affordable market rent, this is the perfect opportunity to make this business your own.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:NSW - Riverina & MurrayKey Investment Insights
1. The Southern Comfort Motor Inn is located in the vibrant regional town of Cootamundra, an important agricultural hub with attractions showcasing its history.
2. The property is a single level motor inn offering 19 generously proportioned guest rooms, including deluxe queen, twin, and family rooms.
3. The accommodation also includes a renovated two/three bedroom owner's residence and reception area.
4. The motor inn has a large paved parking area, allowing guests to park at their door, as well as room for larger vehicles on-site.
5. Additional features include an on-premises laundry and a guest barbeque area.
6. The business enjoys a strong cash flow and has an excellent reputation, leading to many repeat visitors.
7. The lease still has 27 years remaining, providing long-term stability for the new owner.
8. The market rent for the property is affordable, making this a financially attractive opportunity.
9. The location is only a short stroll from the central business area of Cootamundra, providing easy access to dining and entertainment options.
10. This is a perfect opportunity for someone to make this business their own and capitalize on the growing tourism industry in the area.
