24-28 Parker Street, Cootamundra, New South Wales
Southern Comfort Motor Inn - 1P6293
Leasehold - $995,000
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 & Murray
Key Investment Insights
1. Prime location in a vibrant regional town with strong agricultural industry and historical significance.
2. Single level motor inn with 19 generously proportioned guest rooms.
3. Renovated two/three bedroom owner's residence and reception area.
4. Accommodation configuration includes deluxe queen rooms, deluxe twin rooms, and deluxe family rooms.
5. Large paved parking area with room for larger vehicles on-site.
6. On-premises laundry and guest barbeque area.
7. Short stroll to central business area with ample dining and entertainment options.
8. Strong cash flow and excellent reputation leading to many repeat visitors.
9. 27 years remaining on the lease and affordable market rent.
10. Perfect opportunity to make this business your own.