Cowra, New South Wales
413ML - Location, Location, Location!
SOLD
Business Description
- Centre Town Leasehold Motel!
- Listed at a very affordable price and showing a big 39%Return
- Walk to all facilities!
- An easily managed and operated Motel
- Offers 12 easy access, recently refurbished, ground floor units
- No evening meals!
- Low maintenance brick and tile
- A long Lease in place
- Solid growth in Turnover in the last 2 years
- Three bedroom residence
- What more do you want? Contact us now for further details.
Perfectly positioned in the centre of the CBD, this Leasehold Motel has the three "P's" - Position, Presentation and Price! It offers 12 easy access ground floor units, a three bedroom residence and is easily operated with no cooking of evening meals. (Evening meals can be supplied and delivered by a local restaurant.)
Located in the strong Central West rural area, it's a low maintenance brick and tile motel that provides a great opportunity at a very affordable price and shows a big 39% Return! Make it yours!
Net profit $117,283 for 2014/15
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 413ML (quote when enquiring)
Location: Cowra NSW
Cowra is a town of 9,500 people situated on the Lachlan River, 320 km west of Sydney at the junction of the Mid Western and Olympic Highways. It is the commercial and administrative centre of a shire in which the major industries are livestock, wool scouring, vegetable growing and processing, vineyards, furniture making and tourism.
The Cowra region has so much to offer everyone and there is always plenty to do. You will encounter beautiful parks and gardens, the flowing Lachlan River, national parks and some of the best wine and food in Australia.
Cowra is a great destination for people from the city that would like to experience the real country way of life. Step back, relax and enjoy the slower pace with your partner, friends, family or on your own. Do as much or as little as you want with the opportunity to take short breaks to surrounding towns, food and wine adventures and history and heritage explorations.
Cowra has a vibrant and expanding retail and commercial centre. It boasts the services and facilities you would expect to find in a larger town while still retaining that wonderful feeling of country hospitality. It is also centrally located and easily linkable to the rest of the state with direct lines to all major cities in south eastern Australia.
Property Code: 276
Business Summary
Key Investment Insights
1. Prime location in the centre of the CBD, providing easy access to all facilities.
2. Affordable price and high return of 39%, making it a great investment opportunity.
3. Easy to manage and operate with no evening meals to prepare.
4. Recently refurbished, ground floor units for easy access.
5. Low maintenance brick and tile building.
6. Long lease in place, providing stability and potential for future growth.
7. Solid growth in turnover over the past two years.
8. Three bedroom residence included.
9. Located in a strong rural area with diverse industries such as livestock, wool, agriculture, and tourism.
10. Plenty of activities and attractions in the surrounding area, making it a desirable destination for tourists.
11. Vibrant and expanding retail and commercial centre in Cowra.
12. Centrally located and easily accessible to other major cities in Australia.
